Crypto exchange Binance is listing THORChain (RUNE)
The exchange supports three trading pairs for the tokens — RUNE/BNB, RUNE/BTC and RUNE/BUSD at 2020/07/24 11:00 AM (UTC).
— Binance (@binance) July 24, 2020
THORChain builds a chain-agnostic bridging protocol. It allows for a reliable and secure connection and exchange of value between different blockchains.
RUNE is the native token in the THORChain platform. However, currently, THORChain has not released the Mainnet. They are still planning to release the RUNE Token according to the BEP-2 standard on Binance Chain.
In the THORChain ecosystem, RUNE acts as a Utility Token. It is used for paying swap, staking in governance, rewarding validators.
THORChain will implement the Mainnet in 2020. At that time, it will swap RUNE from BEP-2 to the original token on the THORChain Blockchain.
As AZCoin News reported yesterday, Binance was listing MakerDAO’s governance token Maker (MKR) and decentralized stablecoin DAI.
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