What is Thorchain?
Decentralized Cross-Chain Infrastructure
THORChain is a settlement layer that facilitates swaps between 8 chains: Bitcoin, Ethereum, Binance Chain, Avalanche, Cosmos Hub, Dogecoin, Litecoin, and Bitcoin Cash.
THORChain is secured by its native token, RUNE, which deterministically accrues value as more assets are deposited into the network.
Anyone can use THORChain to swap native assets between any supported chains or deposit their assets to earn yield from swaps.
Trust Minimized Infrastructure
THORChain was designed from first principles to minimize trust and become a scalable, economically secure cross-chain communication and settlement layer. Dozens of exchanges rely on THORChain to process swaps for their users & more.
Native Asset Security
Swap assets without relying on wrapped tokens. Provide liquidity and maintain custody.
THORChain allows native cross-chain swaps without wrapped or pegged assets. Users don’t need RUNE to pay for transactions. The only requirement is a transaction on the first chain.
Swappers always maintain self-custody of their funds, so they are always in control, including directly from a hardware wallet. Liquidity providers funds are always solvent, visible, and verifiable on the blockchain - secured by the open source code.
Single Asset Liquidity
Savers Vaults allow anyone to provide liquidity to THORChain and earn from swap fees without exposure to RUNE.
Secured by RUNE
Node operators bond RUNE to enter the network. Their bonds are worth more than the assets they secure. THORChain’s open source code keeps funds safe.
Chain Agnostic Service Provider
THORChain’s strong foundation for cross-chain communication enables much more than swaps.
New features and primitives undergo extensive research, design, and debate by the community and are subject to THORChain's node governance processes. New blockchains are connected periodically.
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