bRUNE Liquid Bonded RUNE
Stake any amount of RUNE and earn THORChain node-bonding revenue. Stay liquid — no unbonding delays, no minimum commitment.
Buy on the order book
Swap RUNE for bRUNE on the fully on-chain bRUNE/RUNE order book. Each bRUNE token is backed by at least 1 RUNE plus unclaimed yield. No minimum amount, no coordination with node operators.
- Instant purchase via RUJI Trade
- No minimum commitment
- Each token backed by RUNE + yield
Earn bonding yield
Stake your bRUNE to earn THORChain node-bonding revenue. Choose your strategy: auto-compound your rewards back into bRUNE, or receive yield as RUNE directly.
- Auto-compound for maximum growth
- RUNE-yielding for passive income
- Diversified across whitelisted nodes
Stay liquid, always
Unlike traditional node bonding, bRUNE trades freely on RUJI Trade. Enter and exit positions instantly through the bRUNE/RUNE pair — no unbonding period, no waiting.
- Instant entry and exit on RUJI Trade
- No unbonding delays
- Use bRUNE across the Rujira ecosystem
From deposit to yield
Deposit RUNE
Buy bRUNE through the bRUNE/RUNE pair on RUJI Trade. Executed at 1:1 when contract capacity exists.
Diversified bonding
The protocol bonds your RUNE across multiple whitelisted THORChain nodes, reducing slashing risk automatically.
Earn yield
Bonding rewards flow to bRUNE holders proportionally. Claim as RUNE or auto-compound into more bRUNE.
Accessible to everyone
No minimum commitment. Anyone can stake any amount of RUNE and start earning a share of THORChain revenue.
Node diversification
RUNE is distributed across whitelisted nodes with target equal allocation. A maximum bond limit caps per-node concentration.
Target utilization
The protocol maintains a target utilization ratio (80-90%) to balance yield generation with instant withdrawal liquidity.
Slashing protection
Automatic diversification across multiple nodes reduces the impact of any single node being slashed.
Bonding rewards are distributed proportionally to bRUNE stakers after node operator commission and protocol fees.
| Component | Rate |
|---|---|
| Gross bonding yield | Variable (based on THORChain revenue) |
| Node operator commission | ~10% average |
| bRUNE protocol fee | 10% of yield |
| Target utilization | 80-90% |
Example: at 25% gross yield, 10% node commission, and 80% utilization, end users receive approximately 18% net yield.
Put your RUNE to work
Earn THORChain bonding revenue without running a node. Liquid, diversified, and accessible to everyone.
Liquid Bonded RUNE
livebRUNE allows users to access THORChain node bonding through a liquid staking token, bRUNE. Instead of bonding RUNE directly to a node, users deposit RUNE into the bRUNE contract and receive bRUNE in return. Each bRUNE is always backed by at least 1 RUNE in the contract + unclaimed accrued yield. The contract bonds RUNE to a diversified set of THORChain nodes on the behalf of users and distributes the resulting bonding yield proportionally to bRUNE stakers.