ThorChain (RUNE) is a decentralized exchange that enables trading between native coins from other blockchains, also know as the "multichain chaosnet". It is a proof of stake protocol based on a small number of validators who have staked large sums of RUNE to provide liquidity and run the network. To make an exchange on ThorChain, traders are required to pay a small amount of RUNE as a slip fee.
Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.
Because stablecoins are often pegged to FIAT currencies with stable values, they are useful tools for currency conversion. Coins such as USDC, USDT and QCAD won't swing wildly up or down in value between withdrawal and funding another account.
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