TCY

Learn about Thorhain's Yield token.

TCY stands for THORChain Yield a new token introduced on the THORChain network as part of a recovery plan following issues in early 2025.

In simple terms, TCY is an equity-like token that gives holders a share of THORChain’s future revenues. It was created specifically to address the collapse of THORChain’s ThorFi services (Lending and Savers vault ) that occurred in January 2025.

Instead of a one-time payout, TCY converts the debt owed to users into a token that earns yield from the network over time, ten percent of all THORChain system income (fees and block rewards) is allocated to TCY holders as yield.

Claiming

If you had funds in THORChain’s Savers vaults, an active ThorFi loan, or held THORChain synthetic assets when the system was halted in January 2025, you are likely eligible to claim TCY .TCY is not automatically airdropped to you, it must be claimed manually , there is no timeframe for TCY claiming.

If you are eligible to claim TCY , a banner would pop-up on your home screen (similar to the below).

Follow the flow of the Interface after tapping on the banner to claim the TCY.

TCY is automatically staked at Claim , go to the earn tab to view your position