Thorchain disrupts the traditional cross-chain swapping landscape by offering a decentralized alternative. Unlike centralized exchanges or wrapped tokens, Thorchain allows users to directly swap native assets across different blockchains. This eliminates the need for intermediaries and potentially reduces fees and counterparty risk. Here's a breakdown of Thorchain's core functionalities:

• Decentralized Cross-Chain Swapping: Thorchain facilitates direct swaps between native assets on various blockchains, fostering greater interoperability within the cryptocurrency ecosystem. Users can swap tokens like Bitcoin (BTC) for Ethereum (ETH) directly, without relying on pegged or wrapped versions.

• THORChain Network: Thorchain operates through a network of incentivized nodes called THORnodes. These nodes act as liquidity providers and earn rewards for facilitating cross-chain swaps.

• RUNE Token: The network is powered by its native token, RUNE. Users can stake RUNE to participate in network governance and earn rewards. The value of RUNE is intrinsically tied to the growth and adoption of the Thorchain network.

• No Pegged or Wrapped Tokens: Thorchain eliminates the complexity and potential risks associated with pegged or wrapped tokens, offering a more native cross-chain swapping experience.

Key Features:

• Direct Swaps Between Native Assets: Swap cryptocurrencies across different blockchains without needing pegged or wrapped tokens.

• Decentralized Network: Operates on a network of incentivized nodes, promoting trust and reducing reliance on centralized entities.

• RUNE Token: Participate in network governance and earn rewards through staking.

• Simplified Cross-Chain Swapping: Offers a more native and potentially less risky alternative to traditional methods.