THORChain: RUNE To The Moon?! X-Chain DEX Update!!

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Coin Bureau published this video item, entitled “THORChain: RUNE To The Moon?! X-Chain DEX Update!!” – below is their description.

– TIMESTAMPS –

0:00 Intro

1:44 Thorchain Explained

6:04 Thorchain Updates Part 1

8:22 Thorchain Updates Part 2

11:12 RUNE Price Analysis

13:28 Thorchain Roadmap

17:33 Thorchain Concerns

20:22 Outro

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Thorchain #Rune #DEX #Crypto #Defi

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In This Story: THORChain

THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.

With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).

The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain’s Sybil resistance mechanisms.

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