THORChain Reports First Quarter 2022 Treasury Report
THORChain released its vault report for the first quarter of 2022. $217 million in assets were held in the THORChain Treasury in the first quarter of 2022, and all liabilities have been fully repaid or secured. The protocol currently holds 173 million $RUNE in reserves (about $2.1 billion), all of which are scheduled to be operational by July 2022. Of this amount, 113 million $RUNE has been deployed to the network and the remaining 60 million $RUNE will be used to fund Protocol Reserve and others.