🌩️THORChain

THORChain's cross-chain liquidity protocol is one of the foundational pieces for the THORSwap DEX.

THORSwap uses THORChain's cross-chain liquidity protocol to access liquidity across major layer 1 blockchains such as Bitcoin, Ethereum, Avalanche, Cosmos Hub (ATOM), BNB Smart Chain, Polkadot Dogecoin, Litecoin and Bitcoin Cash.

THORChain itself is a decentralized cross-chain liquidity protocol based on Tendermint & Cosmos-SDK utilizing Threshold Signature Schemes (TSS). It does not peg or wrap assets - simply determines how to move them in response to user-actions.

THORChain observes incoming user deposits to vaults, executes business logic (swap, add/remove liquidity), and processes outbound transactions. THORChain is primarily a leaderless vault manager, ensuring that every stage of the process is byzantine-fault-tolerant.

THORChain's key objective is to be resistant to centralization and capture whilst facilitating cross-chain liquidity. THORChain only secures the assets in its vaults, with economic guarantees that those assets are safe.

More information

If you wish to learn more about THORChain itself, please visit https://docs.thorchain.org/

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