#AltcoinETFsPostponed THORChain will launch TCY on May 5. THORChain is a decentralized liquidity protocol that allows users to exchange tokens without the involvement of third parties. This is achieved by creating a liquidity pool that automatically sets prices and provides liquidity for trading.

The main feature of THORChain is the ability to conduct secure, fast, and reliable cross-chain operations. This means that users can exchange one cryptocurrency for another, even if they exist on different blockchains.

The RUNE token in THORChain is used as collateral for validators in the network and to provide liquidity in liquidity pools.