Review on THORChain by Inioluwa Okedeji
THORChain: A Platform Of High Liquidity.
THORChain is a decentralized cryptocurrency project that is known for its high liquidity assets.
The platform is provided with a liquidity pool that seeks to solve problems encountered with liquidity in the cryptocurrency market.
THORChain has designed an ecosystem that mostly would be able to accommodate every known digital asset.
In addition, the aim of this project is to connect digital assets to a big, decentralized and liquidity sufficient ecosystem.
The platform is provided with its own native digital currency RUNE token, which can be held for its value of staked in other to acquire benefits attached to staking. Staking opportunities are also allowed for its users.Though the token is of low value at the moment, it might increase as the project continues to make waves in the future.
The security of this platform is very high and great lengths have been gone to make sure that digital assets are secured.
THORChain platform is a platform for both beginners and professionals in search for high liquidity platforms
Pros
- THORChain is a decentralized project with high liquidity.
- It seeks to integrate digital assets into its ecosystem and it's liquidity pool .
- Staking is supported on the platform.
- THORChain is based on cross-chain technology
Cons
- The project is still in its developing stages and long term investment isn't advisory.
