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.
Source

Governance

DeFi

Fund

In This Article

Related News
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Latest News More More
2 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
2 Days Ago Fetch.ai launches $10M accelerator for AI agent startups
3 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
3 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
4 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open