Thorstarter

Thorstarter is a multichain community launch and incubation platform built around the THORChain ecosystem, also operating as a venture DAO. Its goal is to give early-stage DeFi projects liquidity support and cross-chain reach, closing the gap THORChain cannot easily fill for long-tail assets. The protocol also acts as a liquidity relay, offering liquidity grants and cross-chain swaps so a new project's token can connect to THORChain's deep pools.

The native token XRUNE acts as a settlement currency and base pairing asset, with new projects typically pairing their tokens to XRUNE to reach deep liquidity pools; holding or staking XRUNE brings higher yield and launch tiers, while locking it yields the governance token vXRUNE, used in the Valhalla Venture DAO to vote on project selection and treasury management. The protocol describes itself as fully community-owned with no traditional early allotment round and supports Ethereum, THORChain, Fantom and Polygon across chains.