Its basically a layer that supports native swapping between tokens without wrapping them. So many of the exchanges will probably have Thorchain in the background in the end.
Ah i see. And the Rune token is the token of the Thorchain? So the value of it is connected how good Thorchain will go/how many people are interested in it and use it, etc.
Its basically a layer that supports native swapping between tokens without wrapping them. So many of the exchanges will probably have Thorchain in the background in the end.
Ah i see. And the Rune token is the token of the Thorchain? So the value of it is connected how good Thorchain will go/how many people are interested in it and use it, etc.
Not excatly, $RUNE is needed to setup Nodes and LP. So the more Thorchain is used the more $RUNE is needed.
@khaleelkazi is the $RUNE expert here
Ahh ok I get it. How long has $RUNE been on the market? How old is it?
Oh dont know actually. Think its like 2017, 2016? 😅
Ok so it´s not a "new shitcoin". That already helps for decision making thank you! =)
Oh most certainly not another shitcoin 👏😅