THORChain (RUNE)

THORChain (RUNE) is a decentralized cross-chain infrastructure that provides seamless swaps between various blockchain networks. It allows users to directly swap assets between Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, and Litecoin. One of the key features of THORChain is its yield-earning capability, where users can deposit their assets and earn yield from swaps. The network is secured by its native token, RUNE, which accrues value as more assets are deposited.

THORChain’s design prioritizes trust minimization and aims to become a scalable and economically secure cross-chain communication and settlement layer. It serves as the infrastructure for numerous exchanges, processing swaps for their users. With THORChain, users can swap assets without relying on wrapped tokens and maintain self-custody of their funds, even from hardware wallets. Liquidity providers can earn from swap fees without exposing themselves to RUNE. The network’s code is open-source, ensuring the security of funds.

THORChain is continually evolving, with plans to introduce synthetic assets, single-sided yield, protocol-owned liquidity, lending, and an order book. They also conduct extensive research, design, and community debates before implementing new features and connecting with new blockchains. THORChain offers a range of resources for users, including informative videos, podcasts, and documentation to stay updated and learn more about the protocol.