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THORSwap Updates $THOR Tokenomics
September 29, 2022 #News #THORSwap

THORSwap Updates $THOR Tokenomics


THORSwap recently made some changes based on community feedback to $THOR tokenomics.

Two new bold updates to $THOR tokenomics and Staking rewards have been introduced.

Introducing: $vTHOR Discount Tiers

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.

Emissions Adjustment

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.

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