đ§Utility
THOR offers utility across multiple dimensions.
Weâve optimized the design of the $THOR token to:
Incentivize trading, aka the âTrading Black Holeâ
Govern the THORSwap protocol in a decentralized manner
Progressively decentralize towards majority ownership by the community
Reward positive user actions and community contributions
Fee-Sharing of THORSwap revenues with the community (see vTHOR)
Permissioned access to content and apps
Fund growth efforts and community projects
How to Earn THOR?
THOR is majority owned by the community, with almost two-thirds (65%) of the total supply distributed to the larger community.
50% of THORâs total supply is allocated as âcommunity incentives,â to be distributed across a wide variety of initiatives:
Airdrops
LP rewards
Staking (see vTHOR)
Trade mining rewards
Trading fee discounts
Community initiatives and giveaways
Partner programmes like Ohm Pro, Tokemak, etc.
âĻand more to be announced
THORSwap Trading Fee Discounts
Depending on your $vTHOR HODL amount, you will be eligible for a discount of 17~100% off Exchange Fees when trading on THORSwap:
Itâs important to remember:
$vTHOR holders receive 75% of THORSwap revenue in the form of #RealYield. This change means more rewards for $THOR stakers, while still providing our loyal community members with sizable trading discount benefit.
Furthermore, swaps of below $100USD in value will still remain free for all users.
NOTE: You must connect your ETH wallet holding $vTHOR to receive exchange fee discounts.
Community Governed Incentives
To ensure a balanced distribution of $THOR that fulfills the above-mentioned first principles, the weighting of THORâs community distribution will be adjusted seasonally.
These seasonal adjustments will be informed by closely tracked metrics, and will eventually be determined by community governance.
Limited Edition Merchandise
Purchase exclusive THORChain community swag and merchandise with $THOR in our wholly Web3 merch store: https://thorchads.metaswagclub.com
Mugs, Tees, Hoodies - collect a wide range of rare items celebrating the THORChain ecosystem and major milestones. Plus, receive free NFT airdrops by collecting limited edition merchâĄ
HYVE web3 freelance marketplace
$THOR is integrated on HYVE â a leading Web3 Work freelancing marketplace.
Put your $THOR to work or earn $THOR for providing your expertise đĒ
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