More Info About ICO

ICO NameThorchain
SymbolN/A
Start DateOctober 01, 2018
End DateSeptember 30, 2020
CountrySwitzerland
PlatformEthereum
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THORChain is a highly optimised multi-chain using pBFT consensus to achieve sub-second block finality. Tokens are traded on single chains, known as tokenChains with discrete address spaces. Multi-set sharding is proposed to allow byzantine resistant scaling. The native protocol facilitates on-chain trading and order matching at the protocol level, supporting both limit and market orders. Continuous liquidity pools ensure liquidity is always available for any token pair, and double as the source of trustless on-chain price feeds, a cornerstone of the protocol. Fee incentives are designed to continually attract on-chain liquidity. On-chain token generation is built-in for both fixed and variable supply tokens, with the potential for auditable collateralized stablecoins. Two-way pegs with UTXO, account and contract-based cryptocurrencies allow most existing cryptocurrencies to seamlessly move on and off THORChain. Transparent developer incentivisation strategies allow wallet and exchange developers to be funded at the protocol level which will encourage a vibrant developer community. On-chain governance and smart updates with enforced voting and quadratic voting ensures THORChain is an adaptive and iterative platform that grows with its needs without contentious hard forks. THORChain is built to be compatible with the Flash Network; a layer 2 payment channel network.

ENGINEER
MANAGEMENT, MARKETING
DEVELOPER

Monthly Treasury Report - Oct 2020

The treasury comprises of $4m USD liquid and $5m in RUNE, with a 36 month Runway. Planned Obsolescence July 2022.

The team are re-opening community grants. If you would like to be funded to work on THORChain, reach out

https://medium.com/thorchain/monthly-treasury-report-oct-2020-16cb10a7005a

Weekly Dev Update #65

THORChain Weekly Dev Update for Week 65, 12–20 Oct;
* V0.16 Chaosnet,
* V0.3 Midgard,
* http://RUNEStake.info improvements

https://medium.com/thorchain/weekly-dev-update-65-98dca128ec44

The current APY for staking in RuneVault is 15% (down from nearly 50% at it's peak).

There are 95,000,000 $RUNE still staking in RuneVault.

Current APY for Liquidity Providers is +72%

The math is simple. Become an LP. Help the @thorchain_org grow.

Thor Chads, mount up.

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Price0.0185 USD Sale500,000,000 Payment ModeN/A
Minimum InvestmentN/A DistributionN/A RaisedN/A
Soft CapN/A Hard Cap176,800 ETH
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