Greymatter Research: THORChain Analysis and Valuation
The analysts at Greymatter Research have published an extremely comprehensive report of THORChain and its various components - including the token model, incentive pendulum, fee structure, and more.
Herein, we detail the mechanics and technical design of the Thorchain platform followed by a token price model accounting for the value capture of Thorchain’s token, RUNE.
The report goes on to determine a present and future fair valuation of RUNE based on expected TVL.
We won't spoil their conclusion, and recommend reading the entire report if want a better understanding of the high-level technical details of THORChain.
Source: Greymatter Research