Today THORChain Yield (TCY) only traded on RUJI Trade. The maximum trading volume is observed for the trading pair TCY/BTC and reaches 32.1 ths. dollars (65% of the total volume across all exchanges). During the week, the minimum price for THORChain Yield (TCY) is fixed on Sunday at 0.115 cents. Currently, the token THORChain Yield is trading in the range of 13.12 cents or 11.02 rubles for 1 TCY.
#717 THORChain Yield
TCYPrice of THORChain Yield (TCY)
Exchanges where TCY is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
RUJI Trade (Rujira)
1.0
|
TCY/BTC |
$ 0.125
₿ 0.000002
spread 0.07%
|
$ 16 06814h ago | Buy |
| 2 |
RUJI Trade (Rujira)
1.0
|
TCY/BTC |
$ 0.125
₿ 0.000002
spread 0.07%
|
$ 16 06814h ago | Buy |
| 3 |
RUJI Trade (Rujira)
1.0
|
TCY/RUNE |
$ 0.126
RUNE 0.3008
spread 0.08%
|
$ 5 09214h ago | Buy |
| 4 |
RUJI Trade (Rujira)
1.0
|
TCY/RUNE |
$ 0.126
RUNE 0.3008
spread 0.08%
|
$ 5 09214h ago | Buy |
| 5 |
RUJI Trade (Rujira)
1.0
|
TCY/USDC |
$ 0.126
USDC 0.1258
spread 0.12%
|
$ 3 58014h ago | Buy |
| 6 |
RUJI Trade (Rujira)
1.0
|
TCY/USDC |
$ 0.126
USDC 0.1258
spread 0.12%
|
$ 3 58014h ago | Buy |
Calculator TCY
1 TCY = 0.131 USD
Developer activity
What is THORChain Yield?
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.
Official websites and links for THORChain Yield
There are currently about 5 official links to THORChain Yield websites and social media:
- Website - thorchain.org
- Twitter - twitter.com/thorchain
- Reddit - reddit.com/r/THORChain
- Facebook - facebook.com
- GitHub - github.com/thorchain