THORChain to Hold AMA on X on July 5th

THORChain will host an AMA on X on July 5th at 15:00 UTC to discuss recent developments and prospective initiatives.

Refer to the official tweet by RUNE:

🚨Going Live - Saturday July 5th

Come along & join our weekly community-led X Space where we discuss all of the latest developments and ideas shared in the eco for what could be next.

RUNE Info

THORChain is a decentralized liquidity protocol that enables users to easily exchange cryptocurrency tokens over the network without the need for intermediaries. This is achieved by creating a liquidity pool that automatically establishes prices and provides liquidity for trading.

The key feature of THORChain is its ability to facilitate secure, fast, and reliable cross-chain asset operations. This means that users can directly 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 ensure liquidity in the liquidity pools.