$ 4.91
Just now
(0.76%)
THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).
The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process.
THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its mainnet was originally launched in January 2021.
Mainnet - https://viewblock.io/thorchain
ERC-20 - https://etherscan.io/token/0x3155ba85d5f96b2d030a4966af206230e46849cb
BEP2 - https://explorer.binance.org/asset/RUNE-B1A
Telegram | Discord | Medium | Gitlab | GitHub | Reddit | Docs
Try our free Thorchain (RUNE) portfolio tracker if you want to efficiently keep track of your RUNE and other coin/token investments.