Cryptocurrency Q&A What to do with rune THORChain?

What to do with rune THORChain?

Elena Elena Tue Oct 29 2024 | 6 answers 959
I'm wondering about the rune from THORChain. I have some of these runes and I'm not sure what to do with them. Should I hold them, trade them, or are there specific uses for them within the THORChain ecosystem? What to do with rune THORChain?

6 answers

Eleonora Eleonora Thu Oct 31 2024
It acts as a reward mechanism for liquidity providers, incentivizing them to contribute to the network.

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GeishaMelody GeishaMelody Thu Oct 31 2024
ThorChain aims to enhance its liquidity through various means.

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EtherealVoyager EtherealVoyager Thu Oct 31 2024
Users have the option to purchase RUNE tokens to contribute to the network's liquidity pool.

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Giovanni Giovanni Thu Oct 31 2024
RUNE tokens serve multiple purposes in the THORChain ecosystem.

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Valentina Valentina Thu Oct 31 2024
Besides adding liquidity, RUNE is also utilized for governance purposes.

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