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    Swap Volume vs. LP Rewards

    THORChain native token, $RUNE was designed to have main utilities in THORChain ecosystem. Among the utilities are can be provided as liquidity as all assets available will be paired with $RUNE. The LP provider will receive rewards for providing LP. The rewards allocated for LP provider is fixed and follows emission schedule. In this dashboard, we will take a look at the relationship between the swap volume and LP rewards paid out by week.

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    Graphs below shows the weekly swap volume on THORSwap and the total $RUNE given out as rewards for providing LP. From the graph, we can see that the LP rewards increases as the swap volume increase. The graph correlates even more accurate when denominated in USD.

    In conclusion, we can see that the LP rewards paid increase proportionally to the swap volume. Notable observation is that the LP rewards was still being paid out even there is no swap volume due to shutdown so they must have minimum LP rewards to be paid per day.