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Unlocking Value: The Rise of THORChain

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A year ago

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THORChain, at the current market cap, is criminally undervalued. The chain has surpassed the $100B swap volume milestone and is just getting started. It's revolutionizing interoperability and simplifying crypto interactions, yet not many are talking about it! Join me as we dive deeper šŸ‘‡šŸ¼ 🧵
#THORChain is a Layer 1 decentralized liquidity protocol that facilitates seamless swaps between chains such as Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, and Litecoin. Visit: app.thorswap.finance/swap
With smart money flowing in, the chain is about to go parabolic. āš”ļø $702.17M in TVL āš”ļø $100B in total swap volume āš”ļø $32B in swap volume with over 12M transactions āš”ļø Over 27K active accounts, representing 17.5M cross-chain transactions Over $124,791 has been shared with liquidity providers.
As the Chain continues to grow, the team has partnered with established projects to strengthen the ecosystem and offer users more trading options across different blockchains:
. @vultisig Vultisig is a multichain crypto vault that allows you to safely store your crypto. Their Airdrop Campaign is underway Here is how to get positioned šŸ‘‡šŸ¼ x.com/jpthor/status/1846031455316857227?s=46&t=k9VjOiFhZwrtwX5Yu30h7Q
āž¢Integration with the Avalanche network, allows users to trade Avalanche-based assets seamlessly. Ā  āž¢ @Zengo wallet and @Ctrl_Wallet also launches its in-wallet swap integration powered by THORChain āž¢Some other integrations : @cakewallet @okxweb3 @lifiprotocol @FireblocksHQ @shapeshift x.com/thorchain/status/1577326266537189383?s=46
--UNIQUE FEATURES -- āž« facilitation ofĀ  Cross-Chain Swaps between different blockchainsĀ  āž« Full decentralisation and THORChain doesn’t hold funds, making it a secure trading option. āž«liquidity providers earns revenue shares in $RUNE
$RUNE is the native token of the Thorchain network: āžœit serve as Payment for transaction feesĀ  āžœ Holders can Participate in governance and VotingĀ  āžœUsers can Stake to earn rewards āžœ$RUNE also acts as a liquidity asset in all liquidity pools
ā—¢A whole lot of projects are leveraging on Thorchain's cross-chain capabilities to enhance decentralized finance DeFiĀ  ⇨ @THORSwap is a DEX aggregator built on the THORchain network $THOR is the native token of THORSwap
⇨ @RujiraNetwork is built from KUJIRA and THORChain, Rujira and $RUJI will be uniting fragmented DeFi tools into a brand new, seamless experience $RUJI is the native token of Rujira
Visit the ecosystem and find out dapps building in the ecosystem thorchain.org/ecosystem
A few days ago, @zenonih posted a brief update on the latest news about Thorchain. Check it out! x.com/zenonih/status/1846154428669178349?s=46&t=k9VjOiFhZwrtwX5Yu30h7Q
That’s a wrap! Here are some Thor chads to follow @Jpthor @TheThorLady @ThorTrades8 @Orion_9R @therunetard @codehans1 @Fakk2 @SamuelXeus @SliceTank
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CryptoMaMa

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A wife and mum | Writer | Contributor @DeetsAcademy @ton_blockchain circle | Binance Square Content Creator šŸ”¶ | Tweets are informative, Not financial advice