🔧Utility
THOR offers utility across multiple dimensions.
Last updated
THOR offers utility across multiple dimensions.
Last updated
We’ve optimized the design of the $THOR token to:
Incentivize trading, aka the “Trading Black Hole”
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
Depending on your $vTHOR HODL amount, you will be eligible for a discount of 17~100% off Service Fees when using THORSwap:
It’s 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 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 fee discounts.
THOR is majority owned by the community, with almost two-thirds (65%) of the total supply distributed to the larger community.
50% of THOR’s total supply is allocated as “community incentives,” to be distributed across a wide variety of initiatives:
LP rewards
Staking (see vTHOR)
Trade mining rewards
Trading fee discounts
Community initiatives and giveaways
Partner programmes like Ohm Pro, Sushi Onsen Farm, etc.
…and more to be announced
To ensure a balanced distribution of $THOR that fulfils the above-mentioned first principles, the weighting of THOR’s community distribution will be adjusted seasonally.
These seasonal adjustments will be informed by closely tracked metrics, and will eventually be determined by community governance.
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 merch⚡
$THOR is integrated on HYVE — a leading Web3 Work freelancing marketplace.
Put your $THOR to work or earn $THOR for providing your expertise 💪
