Thor Financial

Introduction

Rise up Asgardians... For today you become gods with unmatched yields across different chains as We proudly announce the launch of the THOR protocol. The THOR protocol has been designed with the purpose of delivering high, stable, passive and consistent yields to its holders.

THOR strives to be community-driven and value-adding protocol that will be both accessible and transparent ensuring zero hierarchy or exclusivity. Anyone can easily and freely enter the protocol and access unparalleled yields, simply by purchasing a THOR node on our website. to purchase 1 THOR-node and start generating passive, sustainable income, you need 10 THOR tokens. Each THOR node then generates 0.7 THOR tokens per day. We realize that the price of THOR tokens may dramatically increase and should that happen, we are prepared to substantially lower the price per each node, to maintain the protocol’s accessibility, sustainability and growth. We have decided to launch THOR specifically on Avax for a number of reasons. We believe that Avax is a chain with the most compatible design and infrastructure for THOR’s underlying mission. Avax provides a landscape with low transaction costs, high speed the chain is considerably more reliable for a protocol of our nature, as it is less prone to dramatic changes in its functionality (such as Binance Smart Chain).

The Avax chain is also fresh ground for with great potential for high yield DeFi protocols. We therefore believe that by launching THOR on AVAX, we are perfectly positioned to access high yield protocols early enough after their introduction and interact with them directly on their native chain, consequently saving on any cross-chain associated costs. While we are strong supporters of Avax, THOR’s destiny is to interact with high yield protocols across a number of chains, specifically Ethereum, Binance Smart Chain, Fantom and Polygon. This will enable THOR to deliver its holders truly the best yield across a number of DeFi ecosystems. The list of all protocols that we plan to interact will be made known soon.

To attain higher yields and provide greater returns to its holders, THOR also leverages the concept of protocol owned liquidity. This allows us THOR to leverage its liquidity to seek out additional revenue-generating mechanisms, hence providing greater returns to THOR token holders. The ways in which the protocol will invest its liquidity will be decided by a governance vote, to ensure the protocol reflects its values of transparency and equality among THOR token holders.

To facilitate a fair and efficient launch, we have also decided to bootstrap the protocol’s liquidity and did not conduct any presales or private sales as this ensures that anyone entering the protocol is in the same position and there are no meaningful advantages to any user group.

By introducing THOR, THOR Financial strives to provide the most passive, reliable, sustainable and predictable yield-generating protocol in the world of DeFi.

Overview

Thor Financial is a diverse ecosystem of protocols and products hosted on the Avalanche blockchain. We aim to be the premier hybrid DeFi-as-a-Service (DaaS) and Nodes-as-a-Service (NaaS) protocol. We are a community-driven organization focused on providing value through utility, transparency, and sustainability. As pioneers in the market, our goal is to add an ever-expanding ecosystem, leading to widespread adoption and healthy, long-term returns for our community.

Utility Expansion

Creatively expanding our ecosystem by adding multiple projects that utilize the native $THOR token will provide overlapping buy pressure, and generate positive price action. Initial plans for expansion of the ecosystem includes our staking mechanisms, an active non-fungible token (NFT) marketplace, and many other projects.

Treasury Investments

Our team of experienced DeFi strategists continuously seek out and field investment opportunities to present to the community. The DeFi strategists work to execute community investments in order to maximize treasury growth and return. The returns from these investments will be used to initiate buybacks of $THOR, which will assist with long-term positive price action.

Token Overview

Name: Thor

Symbol: THOR

Blockchain: Avax C-Chain

Decimals: 18

Token Contract Address: 0x8F47416CaE600bccF9530E9F3aeaA06bdD1Caa79

Original Supply: 20,456,743

Max Circulating Supply: 1,000,000 At launch, over 19 million tokens were sent to the null wallet. On August 1, 2022 Our circulating supply was increased to 1,316,000.

Inflationary? No, Thor has a static supply with no minting process.

Buy/Sell Tax: 0%

Claim Tax: See Claim Tax

Maintenance Fee: See Maintenance Fee

Listings: TraderJoe

DaaS/Naas Nodes

Thor Financials' primary product for the community are our DaaS/NaaS nodes. Currently, purchasing a node involves spending a certain number of $THOR tokens as investment in order to create a node that pays out a daily reward. In the future, the DaaS/NaaS nodes will transition to NFTs, whereby the investors will be able to buy or sell nodes via an NFT marketplace in the Thor Financial Ecosystem.

When a node is created, the investment capital is split between the rewards pool, treasury, liquidity, and our Dev/Marketing fund. Leveraging the treasury, THOR holds a community-led investment portfolio, with all investments being tied to a community vote. The investment votes brought forward by our DeFi Strategists span multiple project categories and multiple chains. Returns from those investments are used for strategic buybacks of the $THOR token to fund the reward pool.

One of the biggest challenges node projects face is sell pressure created by the protocol during node creation. To mitigate this sell pressure, the V2 contract allows us to customize contract sells at will. With this customization, we have actively responded to the market, reducing contract sells across the board versus our V1 contract, and even temporarily reducing contract sells to zero when necessary.

Node Tiers

There are currently four node tiers, listed here from lowest tier to highest tier:

1. Heimdall

2. Freya

3. Thor

4. Odin.

Node Features

• Compounding

• QoL Compounding

• God Mode

Compounding Compounding is a process for converting your unclaimed $THOR reward tokens generated by existing nodes (“unclaimed rewards”), into a new node. Compounding is done without triggering the claim tax. Without God Mode enabled (see below), only intra-tier compounding is available. For example, compounding into a new Odin node would require 78.125 unclaimed Odin-node-specific rewards, and could not rely on Thor, Freya, or Heimdall unclaimed rewards.

QoL Compounding The “Quality of Life” compounding feature allows you to compound a new node using a combination of your unclaimed rewards, along with a supplemental amount of $THOR tokens in your wallet. To use this feature, at least 50% of the node cost must come from unclaimed rewards. The God Mode rules still apply when QoL compounding (i.e., 50% of the total cost must be from unclaimed rewards of nodes of the same node tier being created when God Mode is not enabled).

God Mode Owning and maintaining at least one of each node type enables God Mode. When God mode is enabled, cross-tier compounding is available. Cross-tier compounding allows one to pool all unclaimed rewards across all node types to compound into any node type. In addition to cross-tier compounding, God Mode also enables the following benefits:

• Additional Discord channel access

• First access to partner-project whitelist opportunities

Thor Financial

Currently offer both Single-Sided Staking (SSS), as well as a THOR-AVAX liquidity pool. Both of these offerings support the protocol’s liquidity, returning a dynamic rate that is visible on the Dapp’s “Farm” page.

NFT Marketplace

Thor Financial's Marketplace is purpose built with innovation in mind to bring forth a fresh experience without compromise. Upon release, all nodes will be converted to NFTs. The NFT nodes may be sold at any time on the NFT Marketplace. Transactions on the Marketplace will be conducted using the $THOR token, and fees from every transaction will be deposited in the Thor Financial Treasury, to be used for investments and buybacks. The marketplace will house all Thor Financial NFT offerings, including nodes, P2E, and any future NFT developments.