> For the complete documentation index, see [llms.txt](https://docs.thorswap.finance/thorswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.thorswap.finance/thorswap/thor/about/thor-utility.md).

# Utility

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](/thorswap/thor/about/vthor.md) and [uTHOR](/thorswap/thor/about/uthor.md))
* **Permissioned** access to content and apps
* **Fund** growth efforts and community projects

***

### **$THOR Staking & Buyback Rewards**

Fees collected on THORSwap are rewarded to amongst contributors and $THOR token holders in the form of Staking Rewards ([vTHOR](/thorswap/thor/about/vthor.md) & [uTHOR](/thorswap/thor/about/uthor.md)) and Buyback + burn:

<figure><img src="/files/id4jSheKJIZymKr3cTlE" alt=""><figcaption><p>Exact % may vary, staker % based on estimate snapshot taken on 29th November, 2025. </p></figcaption></figure>

25% of THORSwap revenue will go to THORSwap Treasury for development and maintenance.

55% of THORSwap revenue will accrue back to $vTHOR, $uTHOR, $yTHOR and THOR LP based on the ratio of $THOR in each pool

20% of THORSwap revenue will go towards buyback + burn programme.

***

## **THORSwap Fee Discounts**

Depending on your $THOR staking amount ([vTHOR](/thorswap/thor/about/vthor.md)/[uTHOR](/thorswap/thor/about/uthor.md)), you will be eligible for a discount of up to **100%** off Service Fees when using THORSwap:

<figure><img src="/files/kP72GVI6M7JsIqxVOcFR" alt=""><figcaption></figcaption></figure>

It’s important to remember:

> 55% of THORSwap revenue will accrue back to $vTHOR, $uTHOR, $yTHOR and THOR LP based on the ratio of $THOR in each poo&#x6C;**. This 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 $vTHOR/$uTHOR/$yTHOR to receive fee discounts.

![](/files/0asdOX5loIFIqoeHBj0s)

***

## Community Governance

THORSwap's dedicated community governance forum serves as the destination for all $THOR community proposals going forward. We welcome ideas from all community members to discuss how $THOR can progress forward in a sustainable, decentralized manner.

Visit the [THORSwap Community Governance Forum](https://forum.thorswap.finance/) to take part 🤝

View past proposal votes at: <https://snapshot.org/#/s:thorswapcommunity.eth>

***

## Limited Edition Merchandise

Purchase exclusive THORChain community swag and merchandise with $THOR in our wholly Web3  merch store: [https://thorchads.metaswagclub.com](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⚡

<figure><img src="/files/FGpjzhFN3Rsxr3pV1Ts3" alt="https://thorchads.metaswagclub.com/"><figcaption></figcaption></figure>

***

### HYVE web3 freelance marketplace <a href="#id-4fe8" id="id-4fe8"></a>

**$THOR** is integrated on HYVE — a leading Web3 Work freelancing marketplace.

Put your **$THOR** to work or earn **$THOR** for providing your expertise 💪

<figure><img src="/files/oebAYSnRvO14e6PIzaET" alt=""><figcaption></figcaption></figure>