Best Crypto To Buy For The Next Bull Market - ThorChain Explained ($RUNE)
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$RUNE is the native token of ThorChain, and it is perfectly positioned to 10X in price. Here's WHY!
ThorChain is a decentralized liquidity network (DEX) that allows users to swap native assets for native assets.
Unlike a centralized exchange, ThorChain allows users to maintain custody of their assets at all times. In other words, YOU own your keys.
You may not realize that centralized exchanges like Coinbase, Binance, and Kucoin own your crypto... If they were to get hacked or become insolvent, you could lose everything!
ThorChain solves this problem.
A new product called "Stream Swaps" was recently launched.
Now users can get virtually no slippage on their trades, and the fee's are less than centralized exchanges!
Stream Swaps drastically increased the daily volume on ThorChain, and investors are starting to realize how cheap $RUNE is...
As volume grows, more $RUNE is bonded. This buy pressure + speculation is creating an insane rally.
$RUNE has amazing tokenomics.
In order for a DEX to function, there needs to be liquidity.
Liquidity providers are required to provide 50% Rune and 50% non-Rune assets to an LP position.
Example: $100 of Bitcoin is matched with $100 of Rune at all times.
Node Operators are required to bond $2 of Rune for every $1 of a non-Rune asset.
So this means for every $1 million of non-Rune assets in the pool, there needs to be $3m worth of of $RUNE backing it.
ThorChain is also about to launch lending, which allows users to take loans with 0% interest, no liquidations, and no expiration.
On top of that, lending will also burn $RUNE !
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