Rune Bond Rewards THORChain – Liquidity with RUNEBond
Rune bond rewards on THORChain have long been illiquid, limiting flexibility for RUNE bond providers. Learn how RUNEBond enables reward claiming and improves liquidity for RUNE bond providers.
Rune Bond Rewards on THORChain – Introduction
The THORChain ecosystem was designed with security, decentralization, and attack resistance in mind. One of its core pillars is RUNE bonding locking RUNE tokens by node operators to secure the network. In return, operators (and those who provide them with RUNE) receive rewards.
The challenge, however, was that these rewards were illiquid – funds remained locked until a churn event (when a node exits the active validator set). This significantly limited flexibility for users interested in Rune bond rewards on THORChain.
After more than a year of intensive development, RUNEBond has become a practical solution to this problem. The platform opens up new opportunities for those who want to earn from RUNE bonds while maintaining greater control over their rewards.
What Is RUNEBond? Improving Rune Bond Rewards on THORChain
RUNEBond operates as a structured marketplace for bonded positions within the THORChain ecosystem. It acts as a trusted intermediary between:
- THORChain node operators
- Bond providers (RUNE holders)
In doing so, RUNEBond creates a coordination layer that makes RUNE bonding transparent and verifiable on-chain. Users can delegate their RUNE to nodes (with the operator’s consent), and the entire bonding and unbonding process follows clearly defined rules.
For newcomers to the ecosystem, this is a major improvement. RUNEBond:
- simplifies the technically complex bonding process,
- increases trust through transparent rules,
- addresses the illiquidity of bonded RUNE.
In practice, this means that Rune bond rewards on THORChain become more accessible even to users who are not node operators.
Rune Bond Rewards on THORChain – Current Stage of Development
RUNEBond is currently in the first testing phase of its reward-claiming functionality. In the standard THORChain model, bond rewards can only be claimed after a node exits the network, which is often unpredictable and time-consuming.
RUNEBond introduces a meaningful improvement:
- rewards from the most recent churns can be claimed, in accordance with the current terms and conditions available in the app: https://app.runebond.com/terms-and-conditions,
- older rewards remain temporarily locked until the node exits the network,
- the team is actively assessing real community demand for this feature.
If demand proves sufficient, the roadmap includes further enhancements:
1. Longer Reward History
The ability to claim rewards from a longer historical period.
2. Instant Exit from Bonding
Ultimately, a full and immediate unbonding option – without waiting for churn. This would be a major step toward full liquidity for RUNE bonds.
It’s important to emphasize that RUNEBond develops cautiously and responsibly. The claim rewards feature is an external, optional service and does not interfere with the THORChain protocol core or validator keys. As a result, network security remains fully intact.
Transparent Rune Bonding Rules and Fair RUNEBond Fees
One of RUNEBond’s key principles is simplicity and full transparency. The rules are clear from the start, so even new users understand exactly how the platform works:
- a fixed 5% fee is charged on each claim rewards operation,
- the fee applies only to rewards actually paid out in liquid RUNE while the node is actively operating in the network,
- RUNEBond charges no fees for withdrawing delegated RUNE or for standard node exit,
- there are no hidden costs, extra commissions, or unclear conditions.
Example:
If you claim 100 RUNE in rewards, 95 RUNE is sent directly to your wallet, and 5 RUNE is the RUNEBond service fee.
If a node exits the network and you choose to withdraw your RUNE through the standard process, RUNEBond does not charge any fees. However, in practice, nodes can remain in the network for several months. This is why RUNEBond offers an option for a faster exit from a bonded position, available for an additional fee – for users who value time and flexibility.
Summary
RUNEBond addresses one of the biggest challenges in the THORChain ecosystem: the illiquidity of bonds and rewards. For anyone interested in RUNE bond rewards on THORChain, this represents a meaningful qualitative shift.
The platform:
- operates as a trusted intermediary,
- enables reward claiming without waiting for churn,
- follows an ambitious yet security-conscious development roadmap.
If you’re part of the THORChain community or just beginning your journey with RUNE bonding RUNEBond is a project well worth watching. It has the potential to become a key piece of infrastructure, combining network security with flexibility and accessible rewards.
