What is RUNE

I. Project Introduction

What Is THORChain (RUNE)?
THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks including Bitcoin and Ethereum 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 300k RUNE to participate in its rotating consensus process.

II. Token Information
1) Basic Information
Token name: RUNE (THORChain)

III. Related Links
Official Website:https://thorchain.org/
Whitepaper Link:https://github.com/thorchain/Resources/tree/master/Whitepapers/THORChain/whitepaper-en.md
Blockchain explorer Links:https://viewblock.io/thorchain
Community Related links:
https://twitter.com/THORChain
https://t.me/thorchain_org



Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.