Thorchain rune

Thorchain price today is INR 150.748 and the trading volume in 24 hour is INR 61,304,966. Price change in the RUNE price in the last 24 hour is 5.242 . It has a circulating supply of 300,700,561 coins and a total supply of 500,000,000. Total market cap of the RUNE is INR 45,297,529,625.961 which has the movement of 3.656 in the last 24 hours

Using ThorChain, traders can seamlessly move from Bitcoin to Ethereum, Terra, etc., without registering for an exchange or going through KYC, like on Centralized Exchanges(CEXs). Hence, users are minimally exposed to custody and counterparty risks. While DEXs like Uniswap are limited to the Ethereum ecosystem, THORChain is cross-chain. It allows users to swap/exchange assets from different blockchains, including Bitcoin, Ethereum, Litecoin, Terra, etc. RUNE is the native token of THORChain. It is used as the base currency and used for platform governance and security

Thorchain was built by an anonymous team. It has no CEO or founder. Instead, development is organized through Gitlab. It is created in such a way to protect the project from regulatory scrutiny and ensure it can decentralize

The main reasons to invest in THORChain include: - One of the few Cross-Chain Decentralized Exchanges(DEX) where users can swap between assets like Bitcoin and Ethereum without an intermediary like Binance - Liquidity Providers(LPs) do not experience Impermanent Loss(IL), a temporary loss liquidity providers face when contributing to liquidity pools. - It uses a Slippage based fee(Slip-based Fee) instead of a fixed percentage fee to help assure liquidity stays where needed. - All fees generated go directly to the users, and there are no provisions for the team. - It uses its own Layer 1 blockchain instead of relying on another blockchain like Ethereum