Introducing TCY for THORFi

Following ThorFi’s 2025 default, THORChain (RUNE) introduces TCY, another token designed to settle the unpaid claims and protect the longevity of the network.

TCY was introduced with Merge Request #3988, which grants stakers 10% of system fees in RUNE, receiving fees over time in an evenly manner.

All ThorFi claims were dollarized at the Jan 24th pause date, on which each user’s TCY was based. Claiming is simple: visit tcy. thorchain. org and login with the same wallet from your original lending/savers, your tokens will auto-stake for daily yield.

Part of the early unclaimed TCY yield is used for buybacks, adding upward pressure to the value of the token.

If claimed, you then stake your TCY and it will earn RUNE from the protocol’s revenue. If you wish to trade or transfer your tokens, you do have the option to unstake. The daily pay-out is based on the network’s revenue, of which 10% is allocated to TCY stakers (as well as any swap fees from the TCY pool).

Community feedback refers to TCY as a flexible compromise, and not a lump-sum tx. Declaring it was “a continuation, not a closure,” the design extends THORChain’s upside over time. Users may stake the asset and collect protocol revenue or unstake early to cash out.

It’s a means to correct mistakes in the past but not at the expense of current incentives.

If you’re in need of assistance, or are looking to buy or trade TCY, be wary of scams. ThorSwap, Thorwallet, and Edge, ShapeShift are some of the supported interfaces.

Also See: Casper 2.0: RWA-Ready Mainnet

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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