$RUNE Upgrades

IOU Tokens (BNB.RUNE and ETH.RUNE) will be deprecated after mainnet. Nodes will activate a “killswitch”, which will slowly reduce the redemption rate from 1.0 to 0.0 over the course of a year. After a year the upgrade code will be entirely removed and IOU tokens will no longer be supported. In this dashboard we examine upgrade ETH.RUNE + BNB.RUNE -> native RUNE,