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    Daily Reward Distribution

    If the future of cryptocurrency is multi-blockchain then I believe THORChain will be in the middle of all blockchain. THORChain made it possible to swap native tokens on native blockchain so you can swap ETH on Ethereum network to BTC on Bitcoin network (not wrapped BTC). THORChain users can get rewards by becoming nodes, which requires 1M $RUNE bonded and nodes will function as validators where they will validates each transactions that happens on THORChain. Other than that, users can also provide liquidity to pools and earn quite lucrative APY from other users swapping on DEX. In this dashboard, we will take a look at how much has nodes and LP providers earn for the past 30 days.

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    Rewards given has been quite consistent to almost around ~20K $RUNE per day (11K for LP and 9K for nodes) except on 21st October where rewards for both LP and node almost doubled. I believe on this day, Ethereum chain went live after being offline for quite some time (since the hack IIRC).

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    The rewards when denominated in USD is a bit more unstable compare to in $RUNE because we see $RUNE price move from $6 to $10 past 30 days. We can see that daily rewards for LP providers ranging from $80K - $100K while for node ranging from $60K - $80K with exception from 21st October onwards. 21st October onwards, we also see price surging from $8 to double digits.