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THORChain Began Final Testing of SwapKit Revenue Sharing

By Exbasi Intelligence
Sourced from Coindar
THORChain Began Final Testing of SwapKit Revenue Sharing
THORChain began final testing of a revenue-sharing model with SwapKit after ADR-029 received approval.The affiliate share will start near 20% and remain adjustable between 10% and 30%, with public balances and transaction-level data planned so the effect on volume and net fee income can be audited.Refer to the official tweet by RUNE:THORChain is testing a revenue-share model with ADR-029 passed approval. The design lets an affiliate earn a percentage of THORChain's liquidity fees, but the SwapKit proposal is explicit about what that cut is for. It doesn't subsidize the swaps SwapKit already… RUNE InfoTHORChain is a decentralized liquidity protocol that enables users to easily exchange cryptocurrency tokens over the network without the need for intermediaries. This is achieved by creating a liquidity pool that automatically establishes prices and provides liquidity for trading.The key feature of THORChain is its ability to facilitate secure, fast, and reliable cross-chain asset operations. This means that users can directly exchange one cryptocurrency for another, even if they exist on different blockchains.The RUNE token in THORChain is used as collateral for validators in the network and to ensure liquidity in the liquidity pools.

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