Built on Arbitrum, rFOX connects with the THORChain ecosystem, making it ideal for RUNE token holders wanting to boost their earnings. It all starts with your activities on THORChain. When you trade, save, lend, or provide liquidity, you generate RUNE, THORChain’s token. These actions kick off the rFOX process, turning your engagement into multichain rewards.
Best Way to Get RUNE: rFOX
ShapeShift DAO earns fees in RUNE from these activities, which are then added to the DAO treasury. The RUNE in the treasury is used in two main ways: buying back and burning FOX tokens to reduce supply, and distributing RUNE as rewards to FOX stakers. rFOX is the best way to get RUNE because it combines the benefits of token burning and staking rewards. By using RUNE to buy back and burn FOX tokens, the total supply of FOX decreases, making each remaining token more valuable and supporting its long-term value.
Easily Earn RUNE with rFOX
Staking FOX tokens allows you to earn RUNE rewards. This dual benefit means you’re not only reducing the circulating supply of FOX but also getting rewarded in RUNE, making it an efficient way to earn. rFOX ensures that every action you take on THORChain contributes to your earnings.
Why RUNE token holders Love rFOX?
RUNE token holders have quickly embraced rFOX because it offers a clear, straightforward path to earning more RUNE. The added benefit of FOX token appreciation through burning creates a win-win situation. By joining the rFOX, you can earn rewards while also supporting the FOX Burn process, which helps increase the token’s value.
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https://medium.com/@ShapeShift.com
https://snapshot.org/#/shapeshiftdao.eth
https://warpcast.com/shapeshift