Thorchain is a decentralized liquidity network. The market cap is $123,588,651 and the 24h volume is $9,245,723.
- What is Thorchain?
THORChain is a decentralised cross-chain liquidity network, allowing assets to be pooled such that they can be swapped between chains.
- Who is the team behind Thorchain?
THORChain’s team has chosen to remain psuedo-anonymous to accelerate decentralisation and prevent social-signalling and capture.
- What is the initial token distribution?
130m RUNE was sold in seed, private and public sales between 1 and 3c. A futher 60m was emitted to RUNEVault stakers over the course of 14 months. 65m is reserved for operational reserves and further OTC sales to improve the treasury. 50m is allocated to the team. 220m is allocated for future block rewards to nodes and liquidity providers.