A decentralized financial protocol that enables rapid exchange of digital assets between networks. Users can make instant exchanges without referring to order books to get access to liquidity. The project is built on the Tendermint algorithm and uses the Proof-of-Stake consensus model.
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| Project | |
|---|---|
| Project Token | RUNE |
| Website | |
| Social media | |
| Date of foundation | 2021 |
| Head Office | No information specified |
| Types of support | Help Center Telegram Twitter |
| Communities | |
| Languages | English |
| The owner of the company | Independent blockchain |
| Current price | 13.11 USD |
| Market capitalization | 3391143190 USD / +1.18% |
| Trading volume 24 h | 167045924 / +36.32% |
| Circulating Offer | 258210215 RUNE |
| Price History 7 days. | From 12.06 to 14.92 USD |
| Price History 30 days. | From 6.86 to 17.26 USD |
| Free version | Open Source Project |
| Features of cryptocurrency | Part of the THORChain ecosystem designed to launch new TokenChains, support liquidity, validator stacking and commission payment |
| How to get | Trading, exchange |
| Ways to make money | Profitable cryptocurrency exchange, Steaming, Trading, Investing, Lending |
| Project analogues | MDEX, Stellarterm, DODO, Terra, Crypto.org Chain, etc. |
| Crypto exchanges | |
| Wallets | |
| Growth Factors | Mentions in social networks, Introduction of new tools, General demand for digital assets, Increase in trading pairs on exchanges |
| Risks | Increase in cyberattacks, Lengthy network development process, Fake tokens, Loss of invested assets |
| Project Features | A protocol bridge for fast and convenient exchange of assets without authorization, including cross-currency financing |
| Age restrictions | From 18 years |
| Additional features | Blog |
| Landing | Yes |
| Steaking | Yes |
| Farming | Yes |
| Benefits | There is a cross-chain function A constantly evolving project Function of exchanging loss-making assets for liquidity pools The multifunctional ecosystem A unique system of continuous liquidity pools |
| Disadvantages | There are vulnerabilities to hacker attacks Anonymous Project Developers Lack of Russian language |
| Project duration | From 2021 |
| API | Read moreGeneral documentation |
| Source Code | |
| White Papers | |
| Company requisites | Legal name: THORChain Legal address: No information |
| Overall assessment | 4.1/10 |
| Date of update | 01.06.2022 |
Address
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