Runes

Utility and fundamentals have been the driving force in the development of the Genesis project Runes by Jarl Labs. Runes was created to generate a passive income model for our users by a series of burning and redistribution in order to maintain stability. The goal of Runes is to reward our users with additional Jarl tokens over time and the development it enables in later phases. Runes is only one piece of the puzzle that makes our goal possible with certain regulatory bodies in crypto.

To create Runes via our Rune stone dashboard, our users will be required to sacrifice Jarl Tokens and USDC to inscribe one Rune. At this time, only 50 Runes will be allowed on your Runestone for each unique wallet. Keep in mind this is subject to change for future needs. Token amounts, USDC required and reward rates for Runes will be released at a further date. However, the earlier you build then more it’ll benefit you before “The Pillaging”….

Is there a hard cap?

Yes, there is a hard cap. The initial hard cap for phase one is 500,000, but will have nine phases in total. By the end of our ninth phase, Runes will evolve into something that facilities our long term goals and potential partners.