THORChain RUNE Price 0.58089759

The price of THORChain is 5.51USD and the trading volume in 24 hours is 229,450,465USD. Over the course of the day, the asset has grown. The coin has a market cap of 1,867,343,229USD and has 0 coins in circulation. The asset ratio in the pool supports market prices. It is used as a base currency in the ThorChain ecosystem, and for platform management and security as part of Sybille ThorChain resistance mechanisms. Further development of the platform is organized through Gitlab, but those who are now working on the project are mostly anonymous. Again, an official says this is done to protect the project and ensure its decentralization. Through the use of commission fees, it is possible to ensure that liquidity stays where it is needed. The platform is not focused on making a profit. There are no provisions for the team when it comes to the fees generated by the protocol. The team is motivated by simply holding RUNE like everyone else. 20 million coins were sold. A total of 130 million RUNE had been sold as part of previous funding rounds.