THORChain DEX

Notes

• Tracks circulating RUNE over time: investor/team/community allocations (vested by 2023) plus node & pool emissions from the reserve. Sections sum to the current circulating supply, ~338.3M.
• Post-burn max supply was 500M RUNE (reduced from ~968M in 2019). Since then ~145.8M has been burned and the undistributed reserve (~16M, noncirculating) is excluded, so the schedule tracks circulating supply rather than the 500M cap.
• Reserve burns (ADR-12 ~60M and ADR-23 ~64.4M) came out of the reserve before it was emitted, so node & pool emissions total ~72.65M rather than the full ~221M reserve allocation. Those tokens never circulated and are not counted as unlocked.
• Circulating-supply burns are netted into the section figures rather than shown as separate events: the killswitch burn (~13.9M) is netted into Public & Private Sale (73.65M), and ongoing system-income burns are netted into POL & Ops fees.
• Node & pool emissions split into block rewards (incentive) and POL & Ops fees (not an incentive).