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Seed Investors to Contribute to THORChain Security
February 04, 2022 #News #THORChain

Seed Investors to Contribute to THORChain Security

Several seed investors are willing to back THORChain into 2022 and beyond as THORChain pushes the boundaries of Node count towards 100 nodes.

Kadesh

THORChain is backed by several large seed investors. These seed investors first backed THORChain in 2018 and early 2019. They locked their tokens indefinitely in October 2019 until mainnet was delivered.

Several seed investors are willing to back THORChain into 2022 and beyond.

Seed allocation is roughly 5.2% (26m RUNE) of the network and is located on this address:

https://viewblock.io/thorchain/address/thor16qnm285eez48r4u9whedq4qunydu2ucmzchz7p

Fast Unlock

Seed investors who agree to commit principle to THORNode bonds will access all their RUNE in 4 monthly unlocks beginning immediately. The agreement to lock into THORNode bonds is 12 months, or Planned Obsolescence — whichever is first. Seed investors turn THORNode operators can cover operating expenses only from realised THORNode rewards.

Potentially this can unlock upwards of 20m RUNE directly into THORNode Bonds, helping the network achieve 100 nodes with 50m Bonded before EoY.

The most important aspect of THORChain this year is reaching 100 nodes and achieving excess security to enable THORFi — the leading cross-chain vertically-integrated solution to DeFi primitives; namely Savings, Lending and Stablecoins.

The cave you fear to enter holds the treasure you seek