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Monthly Treasury Report — July&August 2021

The treasury comprises of $194m, funding protocol development, liquidity and paying out to community grants. Liabilities have been secured. The protocol has 180m in RUNE reserves. Planned Obsolescence July 2022.


Operational Treasury


  1. Secure 1/3rd immediately with liquid treasury assets (done)
  2. Secure 1/3rd immediately with loan from IronBank (done)
  3. Pay the final 1/3rd at the time of restoring solvency by adding RUNE directly to the pool when the network is re-launched.


Protocol Reserves


Community Grants

  • Block Explorers (ViewBlock & PusherLabs)
  • Twitter/Telegram Bot (Block-42, TRX, Pusherlabs)
  • Wallets (XDefi, THORWallet)
  • Dashboards (Delphi, RUNEData, RUNEYield)
  • Midgard (Delphi & community-dev)
  • Social Management (THORSwap, LPUniversity)
  • Projects: BrokkrFinance, THORStarter
  • Build a MVP product used by THORChain community.
  • If gets adoption, then it will be sponsored by a grant.

Planned Obsolescence

  • Mainnet, 4–5 chains
  • Decentralised
  • Adequate community support (wallets, exchanges, dashboards, bots)

Decentralising The Treasury


THORChain Community



A decentralised liquidity network.

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The official team for THORChain — the decentralized liquidity network.