THORChain RUNE Interest Rates: Lending, Staking & Live Prices

Price of THORChain (RUNE) Today

As of the latest data, THORChain (RUNE) is currently priced at US$1,28 with a market capitalization of US$450,36M. The 24-hour trading volume stands at US$129,16M, The circulating supply of THORChain is approximately US$344,45M. The cryptocurrency has seen a 0,78% increase in value over the past 24 hours.

Platform	Coin	Interest rate
Nexo	THORChain (RUNE)	From 0 APR
Bitget	THORChain (RUNE)	From 26,78 APR

Platform

Coin

Interest rate

From 0 APR

From 26,78 APR

Tentang THORChain

THORChain adalah protokol likuiditas terdesentralisasi lintas rantai. Ini memungkinkan pengguna untuk menukar aset kripto lintas berbagai blockchain tanpa perlu perantara terpusat. THORChain bertujuan untuk menciptakan sistem keuangan yang lebih inklusif dan efisien dengan menghilangkan hambatan yang terkait dengan pertukaran lintas rantai tradisional.

THORChain menggunakan mekanisme konsensus konsensus Tendermint berbantuan BFT untuk memfasilitasi transaksi yang aman dan efisien. Protokol ini juga menggunakan sistem tata kelola on-chain untuk memastikan bahwa perkembangannya tetap berada di tangan komunitas.

How Does THORChain Work?

THORChain (RUNE) is a decentralized, peer-to-peer blockchain network that enables the transfer of cryptocurrencies between different blockchains without the need for intermediaries. It operates on a Proof-of-Stake consensus mechanism, where validators are rewarded for securing the network by staking RUNE tokens. THORChain's unique features include: liquidity pools that allow for instant cross-chain swaps, support for various cryptocurrencies, cross-chain routing to find the best exchange rates, and the ability to earn rewards through staking and liquidity provision. THORChain's decentralized nature and innovative cross-chain capabilities offer potential applications in decentralized finance (DeFi), cross-chain asset management, and interoperable blockchain ecosystems.

How to Keep Your THORChain (RUNE) Safe?

Menjaga keamanan THORChain (RUNE) Anda sangat penting. Pertimbangkan untuk menggunakan dompet perangkat keras yang sangat aman seperti Wirex. Anda juga dapat mempercayakan aset Anda ke platform tepercaya seperti Nexo, Bitpanda, Uphold, Kraken, Binance, dan Coinbase. Platform ini menyediakan langkah-langkah keamanan tingkat lanjut, termasuk otentikasi dua faktor, penyimpanan dingin, dan asuransi.

Frequently Asked Questions About THORChain (RUNE)

What is THORChain (RUNE)?

THORChain is a decentralized liquidity protocol that allows users to swap assets across different blockchain networks without losing full custody. Utilizing native assets, it offers a seamless and secure way to trade crypto on multiple platforms without intermediaries.

How does THORChain maintain security?

THORChain employs a network of validators and utilizes a Byzantine Fault Tolerant (BFT) consensus mechanism. This setup ensures that the network remains secure and decentralized, making use of a multi-layer security approach to protect user funds and transaction data.

Why is RUNE important within THORChain?

RUNE acts as a utility token within THORChain, facilitating cross-chain transactions by providing liquidity, securing the network, and being a medium for operations like swaps. It's crucial to the protocol's functioning and incentivizing node operators.

How can I keep track of THORChain's developments?

Stay informed about THORChain's latest developments using tools on Bitcompare. It provides real-time price comparisons, email alerts, sentiment analysis, and the latest THORChain news. Bookmark the page and check regularly to make well-informed decisions.

What are the risks associated with using THORChain?

Risks include potential technical issues, market volatility, and security vulnerabilities. It's important to stay informed and utilize resources like Bitcompare for the latest security updates, and sentiment analysis to assess the market conditions regularly.

How do I start using THORChain?

To start using THORChain, you need a compatible wallet and some RUNE tokens. Connect your wallet to a supported THORChain interface to begin trading. Always stay informed about the network's current state through Bitcompare for efficient transactions.

Can I swap tokens from any blockchain on THORChain?

THORChain supports a growing list of blockchain networks for swapping. However, not all blockchains are integrated. Stay updated with Bitcompare for current supported assets and maximize your trading opportunities by leveraging real-time data.

What tools are available on Bitcompare for THORChain users?

Bitcompare offers tools such as real-time price comparisons, email alerts, sentiment analysis, and the latest news on THORChain. Use these resources to stay updated regularly, helping you make informed decisions amid the dynamic crypto market.

Why should I regularly check Bitcompare's THORChain page?

Regularly checking Bitcompare's THORChain page ensures you have access to up-to-date information on prices, market sentiment, and recent news. This helps in making informed decisions, staying ahead, and adapting to the fast-paced cryptocurrency market.

How does THORChain facilitate cross-chain swaps?

THORChain enables cross-chain swaps by using RUNE as a settlement asset and leveraging continuous liquidity pools. This eliminates the need for wrapped tokens or centralized exchanges, creating a direct and efficient process for swapping assets across blockchains.