THORChain is a decentralized exchange protocol that allows users to securely and efficiently swap cryptocurrencies across different blockchains without the need for wrapped tokens or trusted parties. A key element of this system is the native token RUNE, which secures the network and serves as the basis for liquidity management.
Key features of RUNE:
Role in the network:RUNE is used to secure the network, manage liquidity, and operate the entire THORChain ecosystem.
Emission:The total emission volume is 500 million RUNE tokens, all of which were created at the launch of the network.Token distribution:
Seed investors: 5%
Participants in the initial decentralized offering (IDO): 16%
Developers: 10%
Early supporting participants: 24%
Reserve for payments to liquidity providers and nodes: 44%
How THORChain works:
The network operates on a Tendermint consensus and is supported by ThorNodes, which monitor transactions across different blockchains and ensure network security. Liquidity providers add their assets to pools and receive rewards in the form of fees and RUNE tokens. Users can swap their assets across various blockchains using the protocol's liquidity.
Benefits of using THORChain and RUNE:
Cross-chain exchange: The ability to swap assets between different blockchains without the need for wrapped tokens or trusted intermediaries.
Decentralization: The absence of central control ensures the security and resilience of the network.
Rewards for participants: Liquidity providers and node operators receive rewards for supporting the network, which encourages participation and ensures liquidity.
Thus, RUNE plays a key role in securing and operating the THORChain ecosystem, enabling users to efficiently and securely swap cryptocurrencies across different blockchains.
As of March 2, 2025, the current price of THORChain (RUNE) is $1.27.
RUNE price forecast:
RUNE price forecasts vary depending on the source and time horizon:
Short-term forecast: Analytical predictions indicate that the price of RUNE is expected to be $1.5735 by the end of the week and may reach $1.39 by the end of the month.
Medium-term forecast: According to CoinLore, the price of RUNE may reach $1.51 in the next 10 days.
Long-term forecast: According to CoinLore, the price of RUNE may reach $25.18 by 2025 and $64.24 by 2030.