Set Rune

Setrune builds on Priors’ public repayment history through a proposed read-only adapter.
0x94f4553b582d4925a432768d340eefca23d80854

[Set Rune @SetRune]

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.
https://t.co/bzeNbjahLE

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.

[Set Rune @SetRune]

$RUNE Staking is live on https://t.co/RmhVlBQ1ap
gRUNE : 0x94f4553b582d4925a432768d340eefca23d80854

[Set Rune @SetRune]

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
https://t.co/bzeNbjaPBc

[Set Rune @SetRune]

See the pinned Post

[Pake Hayato @saythod]

@SetRune Three posts, and three times you've included the CA—is there no special narrative to go with it?

[Pake Hayato @saythod]

@SetRune Three posts, and three times you've included the CA—is there no special narrative to go with it?

[Set Rune @SetRune]

@0xHaruka666 its paid

[Set Rune @SetRune]

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.

https://t.co/bzeNbjahLE
0x94f4553b582d4925a432768d340eefca23d80854

[Set Rune @SetRune]

Dex Paid 🚀

[Set Rune @SetRune]

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.

https://t.co/RmhVlBQ1ap

[Set Rune @SetRune]

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: https://t.co/bzeNbjahLE

$RUNE 0x94f4553b582d4925a432768d340eefca23d80854

[Set Rune @SetRune]

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.

[Set Rune @SetRune]

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.

[Set Rune @SetRune]

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.

[Set Rune @SetRune]

Why Setrune?

Agents can have a solid repayment record and still need cash upfront for every transaction.

We’re building Setrune to connect bilateral trust lines into a clearing network: extend credit, record obligations, and offset reciprocal debts before settlement.
0x94f4553b582d4925a432768d340eefca23d80854

[Set Rune @SetRune]

How Setrune works:

Priors repayment history informs trust lines. Agents lend within agreed limits, then reciprocal debts are offset.

A owes B $10. B owes A $7.
Only $3 needs to move.
That’s the clearing layer we’re building.

$RUNE 0x94f4553b582d4925a432768d340eefca23d80854 | https://t.co/bzeNbjaPBc

[Set Rune @SetRune]

SetRune is live.

Agents shouldn’t have to move money in circles.

We’re building on Priors to connect trust lines, offset reciprocal debts and settle only what remains.

Trust, brought into balance.

$RUNE : 0x94f4553b582d4925a432768d340eefca23d80854
https://t.co/RmhVlBPtkR