Total Supply: 500,000,000
Source Code: https://github.com/thorchain
Founding Year: 2019
Blockchain Explorer: https://explorer.binance.org/asset/RUNE-B1A
THORCHain is an automated market maker (AMM) decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks.
THORChain is built using the Cosmos SDK and is powered by the Tendermint consensus mechanism, which employs a proof-of-stake (PoS) system that sees a large number of validators work together to propose and finalize blocks of transactions.
RUNE is the native token of THORChain. It is used for platform governance and for staking to participate as nodes on THORChain.
ApolloX Product: RUNEUSDT Perpetual Contract
RUNEUSDT is a USDT quoted perpetual contract that has no expiration date or settlement. Funding rates will be updated every 8 hours: