What are RUNE coins?

RUNE is a popular cryptocurrency that is available to purchase and trade on a large number of both centralized and decentralized exchange platforms . The most prominent of these are Binance (centralized) and SushiSwap (decentralized). As of February 2021, the vast majority of RUNE trading pairs are crypto/crypto pairs.

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What is RUNE coin used for?

THORChain is a Tendermint-based chain, and therefore uses Tendermint BFT (Byzantine Fault Tolerance) as its consensus mechanism. It also employs Proof-of-Stake (PoS) for Sybil resistance. As part of the PoS element, a system of validators can stake RUNE tokens to run network nodes and validate transactions .

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