THORChain (ERC20) (RUNE)

What is Thorchain (RUNE)?

Thorchain is a decentralized liquidity network that facilitates cross-chain swaps between different cryptocurrencies. It enables users to trade their digital assets across various blockchain networks without the need for centralized exchanges or intermediaries. Thorchain operates as a non-custodial platform, which means that users remain in control of their assets throughout the entire trading process.

What is Thorchain (RUNE) used for?

Thorchain's primary use case is for decentralized trading between different cryptocurrencies. The platform provides liquidity to users by allowing them to trade their digital assets on a decentralized network, without the need for intermediaries or centralized exchanges. Thorchain uses a unique mechanism called "chaosnet" to ensure that trades are executed quickly and efficiently, with minimal slippage.

In addition to trading, Thorchain also allows users to participate in liquidity pools, where they can earn rewards for providing liquidity to the platform. This incentivizes users to contribute to the network and ensures that there is always sufficient liquidity available for trading. Overall, Thorchain is a revolutionary project that is helping to usher in a new era of decentralized trading and liquidity provision in the cryptocurrency space.

RUNE is the native token of Thorchain, used for exchange, network security, governance, decision-making, and liquidity provision rewards.

Mainnet - https://viewblock.io/thorchain

ERC-20 - https://etherscan.io/token/0x3155ba85d5f96b2d030a4966af206230e46849cb

BEP2 - https://explorer.binance.org/asset/RUNE-B1A