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THORChain
@THORChain
The World's Leading Decentralized Exchange for Bitcoin ⚡️ The Tokens are $RUNE and $TCY ⚡️
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64.4M $RUNE just burned. Total supply is now 360M, within 3% of circulating supply. MC/FDV at 97%. That's down from 1 billion at launch, to 500M, to 360M today. 5% of all fees keeps burning daily. $RUNE is deflationary by design. More data on @Dune :
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Ever seen "ADR" mentioned in THORChain discussions and wondered what it means? An ADR, or Architecture Decision Record, is how THORChain proposes and formalises major changes to the protocol. New features, tokenomics updates, chain integrations, fee structures, node incentives. If it changes how THORChain works, it's gone through an ADR. The process is open. Anyone can draft one, it gets published publicly, the community discusses it, and nodes vote to accept or reject it. No backroom decisions, no unilateral changes. Every significant shift in the protocol's architecture is documented, debated, and recorded permanently. Recent examples include ADR 021 which established the marketing fund, ADR 023 which introduced reserve burn improvements, and ADR 025 which is currently redirecting the dev fund to a new treasury. It's like an audit trail of every major decision THORChain has ever made, publicly accessible and permanently on record.
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