$THOR Tokenomics Overview

Introduction and Goals

We’ve optimized the design of the $THOR token to:

  • Progressively decentralize towards majority ownership by the community
  • Govern the THORSwap protocol in a decentralized manner
  • Incentivize trading, aka the “Trading Black Hole”
  • Reward positive user actions and community contributions
  • Fund growth efforts and community projects
  • Complement and accrue value to the $RUNE token, THORSwap community, and other THORChain ecosystem assets

Let’s dive into the $THOR token.

Why does THORSwap need a token?

Many of you are already familiar with $RUNE, the native token for THORChain, that is specifically designed to optimize and incentivize liquidity. Similarly, $THOR, the native token for THORSwap, is specifically designed to optimize and incentivize trading activity.

THORSwap’s trading black hole brings more trading activity to THORChain’s liquidity black hole, complementing THORChain’s goals and bringing more revenue opportunities to THORChain LPs.

This match made in Asgard creates well-balanced and healthy markets where market participants are properly incentivized.

Tokenomics First Principles

  • Reward the Community: THORSwap started as a community effort and THOR will help to align a large group of engaged and proactive community members
  • Facilitate community-based decision making and coordination through decentralized governance
  • Build a sustainable revenue model which then accrues to the community
  • Increase user loyalty through various incentives like airdrops, members-only access, trade mining and trading fee discounts

How to Earn THOR?

50% of THOR’s total supply is allocated as “community incentives,” to be distributed across a wide variety of initiatives:

  • Airdrops
  • LP rewards
  • Trade mining rewards
  • Trading fee discounts
  • Staking
  • …and more to be announced

Community Governed Incentives

These seasonal adjustments will be informed by closely tracked metrics, and will eventually be determined by community governance.

THOR Distribution

Additional details will be released over time, so please follow our socials to stay updated. Join our Discord to ask any questions.

About THORSwap

Twitter: https://twitter.com/thorswap

Website: https://thorswap.finance

THORSwap App: https://app.thorswap.finance

FAQ: https://thorswap.finance/faq

Join the Community! Provide feedback and contribute!

Discord: https://discord.gg/thorswap

Telegram Announcement: https://t.me/thorswap_ann




World’s #1 Multi-Chain DEX Powered by THORChain. https://twitter.com/thorswap

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