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THORChain (RUNE)

What is THORChain?​

Here are five key points about THORChain:

THORChain is a decentralised liquidity protocol that enables cross-chain swaps between different blockchains without the need for wrapped tokens or centralised exchanges.

It operates as a decentralised exchange (DEX) powered by liquidity pools where users can trade directly from their wallets.

Liquidity providers earn rewards and fees by contributing their assets to these pools.

THORChain is designed with a focus on security and permissionless access, meaning anyone can swap, provide liquidity, or run a node.

RUNE, the native token of THORChain, is used for fees, governance, and as collateral to secure the network.

Tip: Learn more by reading our guide: What is the THORChain blockchain?

THORChain on Wraith Wallet​

Wraith Wallet provides full support for THORChain. You can:

Buy THORChain (RUNE) with debit or credit cards.

Store RUNE securely with full self-custody.

Send and receive RUNE directly.

Receiving RUNE​

Open Wraith Wallet, tap Receive, and select RUNE.

Copy your unique RUNE address and share it with the sender.

Sending RUNE​

Tap Send in Wraith Wallet.

Enter the recipient’s RUNE address or scan their QR code.

Input the amount of RUNE to send.

Confirm after checking you have sufficient balance to cover fees.

Transaction fees on THORChain​

All transactions on THORChain are paid in RUNE.

Fees from swaps and transfers contribute to liquidity pools and validator rewards.

Validators and node operators are compensated through these fees, ensuring the network remains secure.

Checking balances​

Wraith Wallet connects directly to the THORChain network to show your RUNE balance.

Tap the three dots in your wallet and select View address on ViewBlock.

ViewBlock is the default RUNE blockchain explorer integrated with Wraith Wallet.

Why use Wraith Wallet for THORChain?​

Cross-chain ready: Manage RUNE alongside Bitcoin, Ethereum, and other assets in one wallet.

Secure: Full self-custody with encrypted keys and biometric access.

Efficient: Simple design for sending, receiving, and tracking RUNE transactions.

Conclusion THORChain (RUNE) makes decentralised cross-chain swaps possible and provides powerful liquidity incentives. With Wraith Wallet, you can easily manage your RUNE holdings, send and receive transactions securely, and monitor your activity directly from the app.

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