THORChain (RUNE) is a decentralized liquidity protocol that enables users to swap assets across different blockchains without relying on centralized exchanges or wrapped tokens.$RUNE
Key Features:
1. Cross-chain liquidity protocol
2. Decentralized and community-driven
3. Uses Threshold Relay and TSS (Threshold Signature Scheme) for security
4. Supports multiple asset types (e.g., Bitcoin, Ethereum, Binance Smart Chain)
Token Information:
1. Current price: $1.73 USD
2. Market cap: $533.8M
3. Circulating supply: 308.5M RUNE
4. Total supply: 500M RUNE
Use Cases:
1. Cross-chain asset swapping
2. Yield farming and liquidity provision
3. Governance and voting on protocol upgrades
4. Payment for transaction fees
Where to Buy:
1. Binance
2. Huobi Global
3. OKEx
4. Uniswap
Additional Resources:
1. THORChain website
2. THORChain whitepaper
3. CoinMarketCap
4. CoinGecko
Interesting Facts:
1. THORChain was founded in 2018.
2. RUNE token holders can participate in governance decisions.
3. THORChain has partnered with top blockchain projects, including Binance Smart Chain and Cosmos.
THORChain's advantages:
1. Seamless cross-chain transactions
2. Decentralized and secure
3. Low transaction fees
4. Community-driven development
Would you like to know more about THORChain or other decentralized finance (DeFi) cryptocurrencies?