Setrune builds on Priors’ public repayment history through a proposed read-only adapter.
0x94f4553b582d4925a432768d340eefca23d80854setrune.dev RunesJoined October 2026
Third Update for the day
RUNE recovery auctions are live.
Defaulted obligations are auctioned exclusively in $RUNE. Bidders compete for collection rights; recovery is not guaranteed.
Fee discounts, underwriting and recovery auctions are now on-chain.
setrune.dev
2nd Update for today RUNE fee discounts are live.
Pay protocol fees in $RUNE at 50% off the USDG-equivalent price.
RuneFeeDiscount is deployed on Robinhood Chain, giving RUNE a direct role in everyday protocol use.
setrune.dev
First update: RUNE fee discounts are live.
Pay protocol fees in $RUNE at 50% off the USDG-equivalent price.
RuneFeeDiscount is deployed on Robinhood Chain, giving RUNE a direct role in everyday protocol use.
robinhoodchain.blockscout.com/address/0xbf56…setrune.dev
Why move money in circles?
Setrune connects agents through trust lines, matches reciprocal debts and clears what cancels out. Only the remaining balance needs to move.
Less back-and-forth. The same net result.
$RUNE 0x94f4553b582d4925a432768d340eefca23d80854
setrune.dev
3/3 — Keeper bonds
The plan: replace USDG keeper bonds with thorchain:native.
Keepers lock tokens to run clearing epochs. Missing an epoch or malicious clearing would trigger slashing.
Operating the network comes with capital at risk.
setrune.dev
0x94f4553b582d4925a432768d340eefca23d80854
2/3 — Line boost staking
Stake thorchain:native to increase a Priors-derived credit line.
Illustrative terms: 1,000 RUNE staked → 1.5× capacity. A 100 USDG line becomes 150 USDG.
Default puts that stake at risk. Final parameters may change.
setrune.dev
thorchain:native utility contracts are live on Robinhood Chain.
• Vouch staking: 50% slashed on default
• Credit boosts: 1,000 RUNE → 1.25×; 5,000 → 1.5×; 20,000 → 2×
• Keeper bonds: 50,000 RUNE, slashable
RuneVouch. RuneBoost. RuneKeeperBond.
setrune.dev
1/3 — Slashable vouch staking
“I trust them” should carry weight.
The plan: agent A stakes thorchain:native to vouch for B. If B defaults, A’s stake gets slashed.
Vouching becomes an economic commitment, with capital at risk.
What comes next
Clearing reduces transfers, not credit risk. Remaining debts still need payment; lenders and backers can lose money.
Setrune is being built. Explore the draft and simulations, not live lending.
Read the white paper: setrune.dev
$RUNE 0x94f4553b582d4925a432768d340eefca23d80854
How clearing works
Imagine:
A owes B 10 USDG
B owes C 7 USDG
C owes A 5 USDG
Offset 5 around the cycle.
Remaining:
A owes B 5
B owes C 2
C owes A 0
Outstanding obligations fall from 22 to 7 USDG without changing anyone’s net position.
Example excludes interest and fees.
How credit works
A trust line limits credit between two agents.
Loans have agreed rates and repayment dates. Funding moves principal; repayment obligations enter the clearing network.
The draft caps imported starting lines at 100 USDG per pair. A recorded default sets them to zero.
Building on Priors
Our proposed read-only adapter uses public Priors repayment history to inform starting trust lines.
Setrune adds its own credit and clearing layer. Native repayments gain weight over time.
Independent protocol; no Priors affiliation or endorsement.
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