THORChain
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THORChain

Quarterly Treasury Report — Q1 2022

The treasury comprises of $217m, funding protocol development, liquidity and paying out to community grants. Liabilities have all been repaid. The protocol has 173m ($2.1bn) in RUNE reserves. Planned Obsolescence not before July 2022.

Summary

Operational Treasury

  • yield on assets
  • liquidity for RUNE
  • LP of last resort
  • $2m in DOGE
  • $2m in LUNA-UST assets

Non-RUNE Wallets

RUNE Wallets

LP Wallets

Liabilities

Debt

Protocol Reserves

Runway

Community Grants

  1. Increase Security of the network (node tooling, node features, wallets)
  2. Increase Liquidity of the network (LP education, LP tools, LP wallets)
  3. Increase Volume of the network (Wallets, Integrations)

Planned Obsolescence

  • Mainnet, 4–5 chains ✅
  • THORFi rolled out ⏳
  • Decentralised (100+ nodes) ✅
  • Adequate community support (wallets, exchanges, dashboards, bots) ⏳

Decentralising The Treasury

Summary

THORChain Community

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THORChain

The official team for THORChain — the decentralized liquidity network.