Activating large RUNE holders to contribute to network security.
Several seed investors are willing to back THORChain into 2022 and beyond. The most important aspect of THORChain this year is reaching 100 nodes and achieving excess security to enable THORFi — the leading cross-chain vertically-integrated solution to DeFi primitives; namely Savings, Lending and Stablecoins.
As such, they have reached an agreement with the THORChain treasury to access an immediate fast unlock of their allocation in return for going all-in on THORNode bonds to immediately contribute to network security.
Seed investors who agree to commit principle to THORNode bonds will access all their RUNE in 4 monthly unlocks beginning immediately. The agreement to lock into THORNode bonds is 12 months, or Planned Obsolescence — whichever is first. Seed investors turn THORNode operators can cover operating expenses only from realised THORNode rewards.