Powered by RUNE.
RUNE plays a vital part in the network. Node operators must bond RUNE to ensure the network’s economic security. In the liquidity pools, each asset is paired with RUNE as a settlement asset to maximize liquidity and efficiency, while capturing value for RUNE.
THORChain’s native coin, RUNE, serves many vital roles in the network.
Value and Utility
RUNE’s price has two factors: a deterministic value based on the liquidity within the network, and a speculative premium.
Its 2:1 bond:pool ratio, combined with the 1:1 RUNE-Asset pairs in the liquidity pools means that the value of RUNE needed in the network is three times the value of the non-RUNE assets locked.
If $1,000,000 worth of non-RUNE tokens are deposited in THORChain, the market cap of RUNE will be at least $3,000,000. This is just the minimum, or deterministic value, of RUNE.
RUNE Price Calculator
RUNE accrues value as more native assets are secured by the Liquidity Pools. Use this tool to calculate the deterministic price of RUNE based on the total value locked on THORChain.
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