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One common concern among potential node bonders is the fear that the node operator might abscond with their Rune. However, this fear is unfounded. When you bond to a node, you are not sending your Rune directly to the node operator. Instead, you utilize a bonding module in Thorchain, which allows you to maintain custody of your funds. It’s important to note that while you have control over your Rune, you can only unbond from a node if the node operator is removed from the set, effectively locking your Rune until then.
For those holding Rune long-term, bonding could be a viable strategy for earning annual percentage yield (APY) on a single-sided asset.
Finding Node Operators
Several methods are available for locating trustworthy node operators.