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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on THORChain by Killer Bean

Revainrating 4 out of 5

ThorChain

Thorchain is a highly liquid platform that facilitates cross chain without pegged tokens. It allows assets to be exchanged in its liquidity pool. Its native token called RUNE is the token that allows users to participate in the network. Though the exchange is done to allow users to put up their assets to earn. To acquire your RUNE token ,you just need to find an exchange platform that supports Thor chains Native Token, like binance , after creation of account you can start purchasing RUNE coin. Its security measures is something to be enthusiastic about. It is highly liquid , hence the liquidity encompasses tightness as it relates to low transaction feel, swiftness of transactions , number of transactions etc. It solves the problem faced by an illiquid market.... It is trust less. The RUNE uses a proof of stake token. It is very liquid and I'll say It give its users a voting. All staked asset are stake on 1:1 ratio by RUNE
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Pros
  • Secure
  • highly liquid
  • It has a native token called RUNE
Cons
  • no one