Key Takeaways
Staking Analysis
We detail the incentives driving bonding and staking behavior in the THORChain protocol, along with key parameter inputs that will influence overall protocol health and efficiency.
Stress Testing
We stress-test the bonding and staking incentives under a wide range of initialization conditions, market contexts, and agent assumptions to ensure that the current parameter choices lead to a secure and robust system.
Economic Analysis
We assess the protocol’s wealth distribution and utilization, especially how to balance the trade-offs of rewarding early adopters versus enticing new actors to participate.