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Thorstarter XRUNE logo

Thorstarter XRUNE

XRUNE
Launched On
2021-09-15
Binance Smart Chain:
0xa4Aa37F94C2EB2B550579B12274772Ac3e0d6c0E

In positioning XRUNE as a pair on both Thorchain and on AMMs on different chains, Thorstarter acts as a liquidity relayer for long tail crypto assets. Users will be able to swap cross-chain assets using an XRUNE-ASSET liquidity relay, regardless of whether or not ASSET is in an approved Thorchain pool. This will ultimately serve as an alternative to centralized exchanges (CEXs) like Coinbase and Binance and single-chain decentralized exchanges (DEXs) like Bancor, Uniswap and Pancakeswap.

An additional relay mechanism is needed to swap between assets using the underlying RUNE pools on Thorchain. XRUNE provides an effective medium to access cross chain liquidity provided by CLPs by using secondary token XRUNE to pair with base RUNE. New assets can be paired with XRUNE in new XRUNE-ASSET pools to access the same liquidity as short tail crypto majors.

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Coin Rank
Overall rank:14046
Daily rank:494
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