• image Source
  This Link

Overview

In this dashboard, I will answer this question from Flipside Crypto:

• Q103. How much RUNE is bonded, how much RUNE has been slashed from those bonds (total and or over time)?

Introduction

What is Thorchain ?

• Thorchain aims to decentralize cross-chain cryptocurrency liquidity via a network of public THORNodes and ecosystem products. Thorchain is a decentralized liquidity network by design, which enables much more than just swaps -- synthetics, composites and self-paying loans. Access to its native and cross-chain liquidity is open to any person, product or institution.

What is $RUNE Token ?

• RUNE is the asset which powers the THORChain ecosystem and provides the economic incentives for THORNodes validators in order to secure the network economically. THORNodes validators are rewarded with RUNE tokens for validating transactions that are happening on THORChain.

• THORNodes validators have to bond their own $RUNE capital to make is safe for Liquidity Providers to pool their assets in the THORChain network. For the network to operate in the optimal state of security, for each unit of pooled capital there are two units of bonded capital. For instance, if RUNE-BTC liquidity providers provided $1M worth of $RUNE and another $1M worth of $BTC onto the THORChain network, THORNodes validators would have to bond $2M worth of $RUNE by design.

• If THORNodes validators steal from their own vault, the mechanism is designed to slash 1.5X the amount stolen from their bonded tokens. They would end up losing more than they gained, which makes zero economic sense for them to steal.

• You can read here for more information

Method

>- I used the flipside_prod_db.thorchain.bond_events table to get the bonded data and subtracted BOND_TYPE = 'bond_paid' from BOND_TYPE = 'bond_returned' to get the bonded RUNE value.

>- In the meantime, I divided the sum by 10 to the power of eight.

>- For slashed amounts, I also used flipside_prod_db.thorchain.slash_amounts table and divided the sum of my values by 10 to the power of 8

Chart & Analyze;

• The above number indicates slashed amounts over time.
• The exact amount of this number is 760345.17244578 RUNE

• The above number indicates RUNE bonded over time.
• The exact amount of this number is 71715251.4451711 RUNE

• The chart above shows the RUNE bonded over time.
• RUNE bonded are sorted by day.
• On April 3, 2022, a leap is seen .
• RUNE bonded not seen from July 8 to October 11 2021.

• The chart above shows the slashed amounts over time.
• Slashed amounts are sorted by day.
• On November 12, 2021, a leap is seen.
• Slashed amount not seen from July 8 to October 11 2021.

Conclusions

1. total bonded amounts is ~ 71,715,251.45 RUNE or 136,258,977.75
2. total Slashed amounts is ~760,345.18 RUNE or $1,444,655.83
3. From July 8 to October 11, bonded and slashed are not seen

• The above number indicates RUNE bonded over time in USD .
• The exact amount of this number is 136258977.745825 USD
• At the time of writing this dashboard RUNE is priced at $ 1.9

• The above number indicates slashed amounts over time in USD.
• The exact amount of this number is 1444655.82764698 USD
• At the time of writing this dashboard RUNE is priced at $ 1.9