THORSwap recently made some changes based on community feedback to $THOR tokenomics.
Our community's voice has been heard!
— THORSwap ⚡X🔺 (@THORSwap) September 28, 2022
Today @THORSwap officially introduces two new bold updates to $THOR tokenomics & Staking rewards.
These changes signify our commitment towards a sustainable model based on #RealYield fee-sharing 🤝
1/ A Thread 🧵https://t.co/GUACkpljLf
Two new bold updates to $THOR tokenomics and Staking rewards have been introduced.
Depending on your $vTHOR HODL amount, you will be eligible for a discount of 17~100% off Exchange Fees when trading on THORSwap.
$vTHOR holders receive 75% of THORSwap revenue in the form of #RealYield. Furthermore, swaps of below $100USD in value will still remain free for all users.
THORSwap will reduce staking emissions by approximately 50% from 15 $THOR per block to 7 $THOR per block. This is to ensure a more sustainable and less inflationary emission model.
The $THOR token supply delegated to the community remain designated for that purpose, and as swap revenue increases (in turn growing $vTHOR fee-share rewards) in the future, THORSwap will continue to taper this downward in an on-going effort to transition away from inflationary emissions and towards real yield.
THORSwap will continue explore and introduce new deflationary mechanisms for $THOR together with the community.
NOTE: You must connect your ETH wallet holding $vTHOR to receive exchange fee discounts.
