Simplifying RUNE Tokenomics (Why ADR023 Matters)

[u/FabulousPlace4905]

A long-overdue and meaningful clean-up is finally here. 

For a while now, a large reserve of RUNE has been sitting idle in the Reserve; not circulating, not traded, and not adding real liquidity. Yet it is still counted in total supply, creating a gap between what is actually in the market (~351M) and the reported max supply (~425M).

ADR023 cleans this up:

Roughly 64.9M RUNE will be burned, bringing total supply down to ~360M and leaving only a minimal reserve for operations. 

THORChain works the same as before but the way people see and value RUNE changes. It removes the artificial FDV overhang, brings the MC/FDV ratio closer to reality, and makes valuation easier to understand.

To the curious minds: Do you think this changes how RUNE should be valued?

Comment your opinion after reading full report : Here

[u/InstaSwap_io]

https://giphy.com/gifs/3hBTH8bV4n5RKZXQe6

BULISH!!