Thoreum is a BEP-20 token operating on the Binance Smart Chain and features a total supply of 5 billion tokens, with 3 billion initially burned. The token is designed as a hyper-deflationary asset and incorporates a buyback and burn mechanism, where 10% of each transaction is allocated for this purpose. Thoreum provides rewards through a system called Thunder Boost, allowing users to earn additional third-party tokens while staking. A unique aspect of Thoreum is that 90% of its total supply is locked in liquidity pools and farms, facilitating static rewards of up to 40% for holders.
The development team behind Thoreum remains anonymous, with no mentioned timeline for disclosure. Thoreum has undergone three audits, including one by Certik, all revealing no issues. The transaction tax ranges from 12-14%, with 4-6% distributed as rewards and the remainder supporting the buyback and burn strategy. As of September 2021, around 282 million coins are circulating, and the project also utilizes a referral system to incentivize user growth.
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