Review on THORChain by Berkhan Guzeller
Thorchain
The crypto money project called THORChain functions as a cross-chain (networks or 'cross-chain') exchange. In other words, investors can exchange assets (BTC, ETH) on different blockchains (such as Bitcoin, Ethereum) by using the services of THORChain. THORChain users can also passively earn income by staking and earn RUNE, THORChain's own token.
It is also a company name whose pronunciation sounds impressive for some reason.The crypto money project called THORChain functions as a cross-chain (networks or 'cross-chain') exchange. In other words, investors can exchange assets (BTC, ETH) on different blockchains (such as Bitcoin, Ethereum) by using the services of THORChain. THORChain users can also passively earn income by staking and earn RUNE, THORChain's own token.
Stakes paid to provide liquidity are also a company name, the pronunciation of which sounds very impressive for some reason.
Swappers that use liquidity and pay fees to exchange assets temporarily
Investors who constantly monitor and rebalance pools, pay fees and profit from them
Node operators that provide a collateral and receive payment to secure the system
Also in the Thor chain ecosystem; There are many different platforms including BEPSwap, Asgardex, Midgard and THORNodes.
Pros
- Similar projects are working alongside this at a good pace
Cons
- It does not have a mobile application, it only has support for desktop versions.
New products
Comments (1)
October 18, 2020
Stakes paid to provide liquidity are also a company name, the pronunciation of which sounds very impressive for some reason.
Swappers that use liquidity and pay fees to exchange assets temporarily
Investors who constantly monitor and rebalance pools, pay fees and profit from them
Node operators that provide a collateral and receive payment to secure the system
Also in the Thor chain ecosystem; There are many different platforms including BEPSwap, Asgardex, Midgard and THORNodes.
