Claim your rewards (EXPERIMENTAL)

Important operational notes (experimental feature)

  • This feature is not guaranteed. Its availability depends entirely on the liquidity RUNEBond can allocate at any given time. It can be disabled at any time.

  • Only rewards generated within the last 7 days can be claimed using this feature. Older rewards are not included.

  • The service currently charges a 5% fee, but this percentage may change depending on operational needs and liquidity conditions.

  • This feature does not modify THORChain protocol logic and does not touch validator keys or any security-critical component.

  • Terms and conditions https://runebond.com/terms-and-conditions

Overview

Claim your rewards is an experimental feature offered by RUNEBond that allows bond providers to claim the rewards generated from bonding actions executed through the RUNEBond platform instead of waiting until unbond to access it. This is not a native THORChain feature. It is an optional and centralized mechanism operated entirely by RUNEBond.

The feature requires a simple step from node operators and does not introduce any risk to the node or to the THORChain protocol.

1. How It Works

The Claim your rewards feature is powered by the RUNEBond, it's system designed to provide immediate liquidity for rewards that would otherwise remain locked inside a bonded position until unbond. While the underlying mechanics involve THORChain’s native REBOND memo, the service itself is fully centralized, experimental, and depends entirely on the liquidity managed by RUNEBond.

This section provides a simplified overview of how the process works for both users and node operators.

1.1 Why Is This Needed?

When you bond RUNE to a node, all rewards you generate remain locked together with your bonded capital. You cannot withdraw them until the node churns out, which happens on an unpredictable schedule. This creates a liquidity problem for users wanting access to their rewards earlier.

RUNEBond’s Liquidity Vault exists to solve this problem.

1.2 The Basic Idea: Instant Liquidity Through REBOND

THORChain includes a native mechanism called REBOND, which allows a bonded amount to be transferred from one address to another within the same node. RUNEBond uses this mechanism to allow users to “swap” their locked rewards for liquid RUNE.

Here’s a simplified flow:

  1. You have bonded RUNE and have earned rewards, which remain locked.

  2. You choose to claim these rewards early through the Claim your rewards button.

  3. A REBOND operation transfers your claimable amount from your bonded position to the RUNEBond Liquidity Vault address.

  4. RUNEBond’s automated system detects this transfer and sends you liquid RUNE (minus the service fee) directly to your wallet.

This gives you access to your rewards without waiting for the node to churn out.

1.3 The “Window of Trust”

Because the system requires the vault to temporarily receive funds via REBOND, there is a short period where:

  • Your transferred rewards are under the custody of the centralized RUNEBond bot

  • You rely entirely on the bot to send liquid RUNE back to your wallet

  • The process depends on bot execution, code correctness, and vault liquidity

This short interval is known as the “window of trust”.

Users must understand that:

  • This system is centralized

  • It has no insurance

  • It carries operational risk

  • It depends on RUNEBond’s ability to maintain liquidity

1.4 Liquidity Constraints

The vault operates with a finite pool of liquid RUNE. If liquidity is temporarily exhausted:

  • The feature becomes unavailable until the vault is replenished

  • Claims will be paused

  • The system cannot guarantee availability at all times

RUNEBond will attempt to keep the vault liquid, but there is no guarantee.

1.5 Summary

The Claim your rewards system offers:

  • Early access to bonded rewards

  • Without waiting for node churn

  • In exchange for a small fee

  • And accepting the temporary custody risk during the “window of trust”

Participation is optional for both node operators and users.

2. For Node Operators

To enable this feature for your node, you must whitelist the official RUNEBond Liquidity Vault address:

thor1dk9y6ys5eqrcnut9z3ygjsa4al6flvcgxl8x2l

What this means

  • Bond providers interacting with your node via RUNEBond will be able to claim their rewards after each churn.

  • This does not affect your node’s security or protocol-level behavior.

  • If you ever want to disable this feature, you must remove this vault address from your node’s whitelist.

No other configuration is required.

3. For Bond Providers (Users)

Bond providers can claim the rewards they have generated from bonding actions routed through RUNEBond before unbond is available.

How to use

  1. Connect your wallet in the RUNEBond interface.

  2. Navigate to the “Portfolio” section.

  3. You will see:

    • A history of rewards generated

    • A claim button in the movements that can be claimed (not all rewards can be claimed, check terms and conditions)

  1. Click "Claim" to receive the accumulated amount directly to your wallet.

Important notes

  • Only rewards generated through RUNEBond actions will appear as claimable.

  • Rewards from external/manual bond operations cannot be claimed.

  • Availability depends on whether the corresponding node operator has activated the feature.

4. Centralization & Experimental Status

This functionality is:

  • Centralized — eligibility, reward tracking, and fee processing are managed off-chain by RUNEBond. The actual fee transfer is performed through a P2P exchange executed by a centralized bot, which matches node operators and bond providers.

  • Optional — node operators and users may choose to participate or ignore it.

  • Highly experimental — the system may evolve, change, or be discontinued.

Important operational notes

  • This feature is not guaranteed. Its availability depends entirely on the liquidity RUNEBond can allocate at any given time.

  • Only rewards generated within the last 7 days can be claimed. Older rewards are not included.

  • The service currently charges a 5% fee, but this percentage may change depending on operational needs and liquidity conditions.

  • This feature does not modify THORChain protocol logic and does not touch validator keys or any security-critical component.

5. Terms & Conditions

By using this feature, users agree to the official Terms & Conditions:

👉 https://runebond.com/terms-and-conditions

Please review them carefully before using the service.

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