ThorusFi — an all-in-one cross-chain DeFi platform with an adaptable treasury system and a token holder-first approach. All protocol features help to reinforce this mentality.
Description of the ThorusFi project
Each feature is part of the ThorusFi ecosystem that continually returns value to the THO token, benefiting holders and stakeholders first and foremost. The project also aims to be one of the first AMMs with protocol-owned liquidity. The Thorus protocol is currently deployed on the Avalanche and Moonbeam networks, and the dapp natively supports multiple wallet applications. While Wallet Connect is available, the developers recommend using MetaMask.
The new Thorus protocol will consist of the following products:
| 1. | AMM DEX. |
| 2. | Balanced emission distribution schedule. |
| 3. | Updated farms. |
| 4. | Bonds. |
| 5. | Treasury Department. |
| 6. | Updated stablecoin (STATIK). |
THO, or Thorus Token, is the native and fundamental token of the Thorus protocol, around which all protocol functions will revolve.
The first four years will constitute the inflationary phase. Currently, APRs will be set, using issuance with the main goal of strengthening the treasury, rewarding token holders and increasing liquidity in order for the AMM DEX to function efficiently and generate additional income through swap fees. Farms play an important role in the Thorus protocol. The structure under which they operate is set up to enforce the investor first model. As a result, 30% of all HNO emissions will be sent to the farm.
Additional information about defi app
Lending will be available to Thorus after launch. It will partially use the treasury, generating additional revenues that will strengthen the coin defi ecosystem. These may include dynamic buyout rates and multi-collateral options, prioritizing the level of implied volatility (IV) when calculating rates to ensure the best received rate.
The site has an introductory document and a RoadMap that highlights future updates. In the same place, the rules of work and other important details are presented.
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