Validators process transactions and store information & liquidity providers deposit funds into THORChain. Validators & liquidity providers receive transaction fees from traders (supply-side fees).

THORChain is a smart contract platform for cross-chain exchange (a blockchain). THORChain was founded by a pseudo-anonymous team and launched in 2018.

RUNE tokenholders own and govern the protocol. They do not currently take a cut of the total transaction fees paid by traders (revenue). THORChain's investors include Multicoin Capital, yield ventures, etc.

THORChainRUNE

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