THORChain (RUNE) Tokenomics
Learn more about THORChain (RUNE) tokenomics and view project details below
What is the token allocation for THORChain (RUNE)?
The Initial token distribution of RUNE is as follows:
- 50.00% is allocated to Liquidity Emmission
- 5.00% is allocated to Private Sale
- 13.00% is allocated to Operational Reserve
- 12.00% is allocated to Community Reserve
- 10.00% is allocated to Team & Advisors
- 6.00% is allocated to Seed
What is the supply schedule for THORChain (RUNE)?
The initial supply of 1 billion RUNE tokens were pre-minted by THORChain in 2018. THORChain chose to burn all of the unused reserve RUNE in October 2019, which amounted to 50% of the initial maximum supply when combined with the burns on Project Surtr. The supply reduction did not impact the tokens already distributed to Pre-Sale and Initial DEX Offering (IDO) investors. The current theoritical maximum supply of THORChain (RUNE) is 500,000,000 tokens.
What are the funding rounds for THORChain (RUNE)?
- $3.75m was raised in the Funding Round on Oct 2021
- $224,000 was raised in the Public Sale on July 20, 2019, with an average price of $0.032
- $1.61m was raised in the Private Sale on July 2019, with an average price of $0.023
- $600,000 was raised in the Seed Sale on Dec 2019, with an average price of $0.02
Last updated: 7 Aug 2022
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