What is THORChain Yield (TCY)
What is THORChain Yield (TCY)
Start learning about what is THORChain Yield through guides, tokenomics, trading information, and more.
THORChain Yield (TCY) Basic Introduction
10% of all revenue on THORChain, in perpetuity, goes towards TCY tokens. TCY token holders have to stake their tokens in order to access their pro rata share of the revenue. The revenue is paid out in RUNE tokens (the main token of THORChain).
There are no block rewards on THORChain. All the revenue is real, paid by real users. Therefore, the revenue going towards TCY tokens is real and not inflationary.
TCY was created to resolve THORChain's $210 million debt created by THORFi. THORFi was the combination of Lending and Savers features. It was defaulted on in January 2025.
Each $1 of debt was converted into 1 TCY, resulting in 210 million TCY tokens outstanding. This way, creditors received tokens instead of a total loss. Giving them a piece of the network's future revenue, aligning their interests with the protocol, and helping stabilize the network.
THORChain Yield (TCY) Profile
THORChain Yield (TCY) Tokenomics
Tokenomics describes the economic model of THORChain Yield (TCY), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
THORChain Yield TokenomicsPro Tip: Understanding TCY's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
THORChain Yield (TCY) Price Prediction
Building on tokenomics and past performance, price predictions for TCY aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of TCY? Check it out now!
THORChain Yield Price PredictionDisclaimer
The information on this page regarding THORChain Yield (TCY) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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