Thorchain - Decentralised Exchange Protocol

THORChain is a highly optimised multi-chain using pBFT consensus to achieve sub-second block finality. Tokens are traded on single chains, known as tokenChains with discrete address spaces. Multi-set sharding is proposed to allow byzantine resistant scaling. The native protocol facilitates on-chain trading and order matching at the protocol level, supporting both limit and market orders.

STO/ICO Status

Status
Ongoing
Symbol
RUNE
Start Date
2018-10-01
End Date
2020-09-30
Hard Cap
176,800 ETH
Initial Price
0.0185 USD
Token Supply
500,000,000
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Basics

PlatformEthereum
TypeERC20
AcceptingOthers, ETH
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

THORChain is a highly optimized multi-chain using pBFT consensus to achieve sub-second block finality. Tokens are traded on single chains, known as tokenChains with discrete address spaces. Multi-set sharding is proposed to allow byzantine resistant scaling. The native protocol facilitates on-chain trading and order matching at the protocol level, supporting both limit and market orders. Continuous liquidity pools ensure liquidity is always available for any token pair, and double as the source of trustless on-chain price feeds, a cornerstone of the protocol. Fee incentives are designed to continually attract on-chain liquidity. On-chain token generation is built-in for both fixed and variable supply tokens, with the potential for auditable collateralized stable coins. Two-way pegs with UTXO, account and contract-based cryptocurrencies allow most existing cryptocurrencies to seamlessly move on and off THORChain. Transparent developer incentivization strategies allow wallet and exchange developers to be funded at the protocol level which will encourage a vibrant developer community. On-chain governance and smart updates with enforced voting and quadratic voting ensure THORChain is an adaptive and iterative platform that grows with its needs without contentious hard forks. THORChain is built to be compatible with the Flash Network; a layer 2 payment channel network.

Team View All

Paul Gangemi
Paul Gangemi
ENGINEER
Alan Vantoai
Alan Vantoai
MANAGEMENT, MARKETING
Matthew Nguyen
Matthew Nguyen
DEVELOPER
Gareth Walsh
Gareth Walsh
MANAGEMENT
Jazear Brooks
Jazear Brooks
SENIOR DEVELOPER
Esco Obong
Esco Obong
BLOCKCHAIN DEVELOPER