What is RUNE coin?
Frequently Ask! RUNE coin is the token us! to provide liquidity, perform swaps, and maintain security in the THORChain ecosystem. In every transaction, it acts as a bridge between two assets and is stak! by node operators to ensure the security of the network.
How to perform swap transactions with RUNE?
Any token swap on THORChain is carri! out in a decentraliz! manner and directly through liquidity pools. During swap operations, RUNE is us!, which acts as a “bridge” between two tokens, allowing for a fast conversion without creating arbitrage opportunities between tokens.
Is the supply of RUNE coin limit!?
Yes, the total supply of RUNE is limit! to 500 fax lists million units. Some of the supply is us! for providing liquidity in the network, some for staking, and some for other processes in the THORChain ecosystem. The limit! supply may put upward pressure on the price as demand increases.
What is the “asymmetric liquidity” feature of RUNE coin?
Liquidity providers on THORChain can add asymmetric liquidity to the pool, meaning they can put only RUNE or only the other asset into the pool. This way, they can provide liquidity and earn returns without having to add both assets.
How does RUNE’s token burn mechanism work?
RUNE has a deflationary structure and can be burn! as a result of certain transactions. For example, as swaps are made with certain liquidity pools on the network, a certain amount of RUNE is burn!. This frequently ask! questions about layerzero (zro) contributes to a decrease in supply and an increase in the value of the token in the long term.
The investment information, comments and explanations provid! herein are not within the scope of investment consultancy. Investment consultancy services are provid! by authoriz! institutions on a personaliz! be numbers basis, taking into account the risk and return preferences of individuals. The comments, information and explanations provid! herein are of a ao lists general nature. For detail! information, please click here .
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