THORChain said its native token RUNE is now 100% unlocked, with total supply reduced to 360 million after a burn in May under ADR-023. According to ChainCatcher, the supply had previously fallen from 1 billion to 500 million before the latest reduction.

The protocol also outlined its revenue distribution model. Nodes must bond RUNE to help secure THORChain and receive 59% of system revenue, which comes from fees paid by users for cross-chain swaps. Another 20% goes to protocol-owned liquidity, and THORChain deposits RUNE into the pool with the highest fee-to-depth ratio every three days, keeping half of it in RUNE and holding it through THORChain.