Our community's voice has been heard.

28 Sep 2022, 14:59

Our community's voice has been heard! Today THORSwap officially introduces two new bold updates to $THOR Tokenomics & Staking rewards. These changes signify our commitment towards a sustainable model based on Real Yield fee-sharing 🤝 ----- 1️⃣ Introducing: $vTHOR Discount Tiers As promised, we're formalizing THORSwap Exchange Fee Discounts for $vTHOR holders. Depending on your HODL amount, you will be eligible for a discount of 17~100% off Exchange Fees when trading on THORSwap 🔥 Remember: $vTHOR holders receive 75% of THORSwap revenue as Real Yield🌱 This change means more rewards for $THOR stakers, while still providing loyal community members with sizable trading benefits. Furthermore, swaps of below $100 in value will still remain free for all users. Don't forget to connect your ETH wallet with $vTHOR to receive the discount! ----- 2️⃣ Emissions Adjustment From today THORSwap will reduce staking emissions by ~50% from 15 $THOR per block to 7 $THOR per block. As swap revenue increase, we will continue to taper this down, transitioning away from inflationary emissions to a long-term sustainable real yield model🌱 $THOR was designed to be majority (65%) community owned from the beginning, with 50% total supply allocated towards Community Incentives. Rest Assured: Token supply delegated to the community remain designated for that purpose. ----- These two updates - $vTHOR Discount Tiers & Emissions Adjustment - are important steps towards a sustainable protocol with sustainable yield. Further steps will be explored together with the community. Onwards Chads! 💪 All the key details: