Thor Financial

How It Works

THOR provides a yield potential with a protocol that efficiently aggregates returns from protocol-owned liquidity with returns from DeFi protocols across many chains to allocate rewards and yield holders.

Thor Financial invests in different DeFi projects, staking pools, NFT’s and other curated projects. Before initiating new investments, the selected projects are published within the community for a vote before applying the investment protocol.

The site states, there is minimal downtime to the system, built by veterans to secure passive income for any node holder and their estate. THOR tokens are the only current tokens that can create a Node and earn daily rewards.

Their stated objective is “to help as many to generate passive income continuously with minimal effort. This is the reward people truly deserve and we are bringing this to you.”

Our Thoughts

Thor Financial is a Node-as-a-Service provider, that claims to provide the opportunity to own a Blockchain node. This project is in it’s infancy and is currently experiencing token devaluation, which seems to be due to the recent rewards decrease for Odin Node holders. There will be more rounds of tier reward cuts that may have similar impact on the price of Thor token. At the time of this post, the reductions are as follows:

  • ODIN: 1.3% (1.02 THOR / Day) – 8th February, 2022 00:00 UTC
  • THOR: 1.15% (0.144 THOR / Day) – 14th February, 2022 00:00 UTC
  • FREYA: 0.8% (0.05 THOR / Day) – 24th February, 2022 00:00 UTC
  • HEIMDALL: 0.64% (0.008 THOR / Day) – 1st March, 2022 00:00 UTC
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The movement of Thor token seems to be inversely proportioned to the value of Avalanche (AVAX). Thor is on the Avalanche blockchain and is the token that must be used to purchase Thor. This has been a positive up turn for AVAX holders in what has been a rather bearish crypto season to start the year.

Will Thor token be able to weather this storm, hopefully so? This project seems to have a lot of potential. Investors could actually create passive streams of income that could span generations. Thor Financial has been under the gun for affiliation with Ring Financial, an organization that closed shop almost as soon as it opened. Much of this controversy has been addressed in Thor Financial’s discord. Only time will tell what the future holds for this project and it’s investors.

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