THORChain will hold a Community Member Spotlight podcast on July 18th at 14:00 UTC. The episode will feature a representative of Liquidy and discuss the protocol’s approach to swaps between different tokens.
Refer to the official tweet by RUNE:
RUNE Info
THORChain is a decentralized liquidity protocol that enables users to easily exchange cryptocurrency tokens over the network without the need for intermediaries. This is achieved by creating a liquidity pool that automatically establishes prices and provides liquidity for trading.
The key feature of THORChain is its ability to facilitate secure, fast, and reliable cross-chain asset operations. This means that users can directly exchange one cryptocurrency for another, even if they exist on different blockchains.
The RUNE token in THORChain is used as collateral for validators in the network and to ensure liquidity in the liquidity pools.