THORChain’s RUNE Becomes Fully Unlocked as Supply Declines

THORChain’s native token, RUNE, is now fully unlocked as its supply declines and the network directs most system revenue toward security and protocol-owned liquidity. RUNE was initially issued with a supply of 1 billion, which later fell to 500 million. THORChain’s revenue model directs 59% of system revenue to node operators. The revenue comes from fees paid on cross-chain swaps, while node operators bond RUNE to help secure the network. Another 20% goes to protocol-owned liquidity. Every three days, RUNE is deposited into the liquidity pool with the highest fee-to-depth ratio.

Source: TokenPost