Benefits & Use Cases
Last updated
Was this helpful?
Last updated
Was this helpful?
Lower fees compared to L1 Trading: Transaction fees = 0.02 $RUNE ($0.25) Swapping fees = 0.04 $RUNE ($0.5)
Faster transactions when trading (5 secs avg. transaction time)
Swap synths for any other token available on
The minting of each Synth represents the LP of a native asset, essentially, 50% will be sold to purchase $RUNE, leading to positive price action and increase THORChain TVL.
Synths can be used for cheap & fast trading on and arbitrage opportunities (you only interact with THORChain, so no need to worry about different chains, gas prices, wallets).