THORChain is unique in terms of its effective approach to liquidity . The protocol uses a fee to eliminate slippage, reduce the chances of losing the users’ liquidity, and neutralize the impermanent loss.
Read moreHow is THORChain different from Uniswap?
First of all, Uniswap allows for swapping ERC-20 tokens only, so if we want to trade assets from other blockchains they have to be represented in the form of wrapped or synthetic tokens. Thorchain allows for swapping native assets without wrapping them .17 May 2021
Read moreWhat is THORChain network?
THORChain is a groundbreaking technology that allows for decentralized swaps between any supported blockchain, and earns yield from native assets for liquidity providers . Appreciating Asset. RUNE is required to be paired as a settlement asset 1:1 in pools.
Read moreWhat does THORChain Rune do?
As part of the PoS element, a system of validators can stake RUNE tokens to run network nodes and validate transactions. THORChain allows token holders to delegate to these validators, which keeps validators in check and permits delegators to a portion of each block reward .
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