THORChain Burns 1 Million RUNE — Deflationary Economics Kicks In
THORChain has officially announced a major milestone — the total amount of RUNE burned has now surpassed 1,000,286.92.
At first glance, 1 million RUNE might not sound huge, but it’s actually a big deal. That’s 1 million RUNE permanently removed from circulation. And according to simple economics — when supply decreases while demand stays the same, price pressure naturally rises.
THORChain’s burn mechanism isn’t just for show — it’s built directly into the protocol. A portion of network fees is automatically used to buy RUNE and burn it, meaning every bit of network activity fuels ongoing deflation. This isn’t a one-time marketing move — it’s a long-term, sustainable mechanism.
The cross-chain DEX sector is becoming increasingly important as more blockchains emerge and interoperability demand skyrockets. As a leader in cross-chain liquidity, THORChain’s combination of strong fundamentals + deflationary tokenomics makes it a project worth watching — and possibly holding.
#THORChain #RUNE #DeFi #Crypto #TokenBurn #CrossChain