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5 changes: 2 additions & 3 deletions tokenomics-rune-tcy.md
Original file line number Diff line number Diff line change
Expand Up @@ -93,7 +93,6 @@ Each $1 of debt was converted into 1 TCY. This way, creditors received tokens in
### How does TCY work?

- **TCY holders receive 10% of all network revenue** (paid in RUNE).
- A RUNE/TCY liquidity pool was created, so the token can be freely traded.
- Stakers retain their yield, while the yield from unclaimed or unstaked TCY is forfeited and redirected to grow protocol-owned reserves.
- Fees from this pool are used to buy back TCY into the THORChain treasury.
- Stakers retain their yield, while the yield from unclaimed or unstaked TCY is forfeited and redirected to buyback TCY back into the TCY Staking Module (i.e protocol-owned TCY).
- A RUNE/TCY liquidity pool was created, so the token can be freely traded. Fees from this pool are also used to buy back as protocol-owned TCY.
- ⚠️ **TCY does not provide voting rights** or influence in the governance of the THORChain network – it is solely an income-generating economic token.