Are there any incentives or rewards for users who hold or use their tokens on the platform regularly?
Yes, there are incentives and rewards for users who hold or use their tokens on the THORChain platform regularly.
The main incentive is that users who hold RUNE tokens (the native token of the THORChain network) are rewarded with a portion of the transaction fees generated by the network. This is known as "Yield Farming" and it is designed to incentivize users to hold RUNE tokens in order to earn rewards. In addition, users who stake their RUNE tokens in the network can also earn rewards in the form of staking rewards.
Staking rewards are paid out in BNB (Binance Coin) and are distributed proportionally based on how much each user has staked. Finally, THORChain also offers a loyalty program for its users called "Loki's Loyalty Program". This program rewards users with additional RUNE tokens for holding and using their tokens on the platform regularly.
The more active a user is, the more rewards they will receive.
