THORSwap
ValidatedFinance
CEX
THOR$0.40259-1.91% ↓
World's First Cross-Chain DEX Aggregator
- 1153 Followers1153 Followers
- 423 Likes423 Likes
About THORSwap
THORSwap is a cross-chain DEX aggregator built on THORChain's cross-chain liquidity protocol and the #1 interface for all THORChain services like THORNames and synthetic assets. THORSwap currently supports cross-chain L1 swaps between 20+ crypto assets across 5+ blockchains in a decentralized and non-custodial manner.
THORSwap is a decentralized exchange (DEX) built on THORChain's cross-chain liquidity protocol, aiming to simplify and democratize access to decentralized finance (DeFi). THORSwap enables users to swap between over 5,500 crypto assets across various blockchains seamlessly, providing a non-custodial platform that enhances security and user control.
The mission of THORSwap Finance is to promote a multi-chain future in the cryptocurrency space, where assets can move fluidly between different networks without relying on centralized exchanges. By leveraging THORChain's innovative technology, THORSwap offers a unique solution to the challenges of liquidity fragmentation and cross-chain compatibility.
THORSwap Magic Store Validation Score
See Results ››Validation Score
4.4Validation Date: -
- alltopicYes
- kazzzvrYes
- rorinakar1983Yes
- KrivoshYes
- climniadacep1975Yes
- goldnebechi1989Yes
- KaitoYes
- NurhasanYes
- Yubaraj BaishyaYes
- eg3x19Yes
- vikramkumarNo
- SamiullahYes
- AmanYes
- ArrowsYes
- Rohit singhYes
- vasyaYes
- SanaYes
- VictoriusYes
- adityaYes
- Iki11Yes
THORSwap Review Score by Real Users
- 68
- 46
- 4
- 0
- 1
THOR Token Price Chart (Real Time)
Token Statistics
- Market Cap$75,668,561.00
- Volume$397,398.00
- Circulating Supply187,955,896
- Max Supply391,276,084
- FDMC$157,522,583
About THORSwap Token
The $THOR token is central to the THORSwap Finance ecosystem and serves multiple essential purposes. First, it acts as a governance token, allowing holders to vote on proposals and influence the project's future direction. This decentralized governance model ensures that the community's voice is integral to decision-making processes.
Additionally, $THOR is used to incentivize liquidity providers on the platform. Users who provide liquidity to various pools on THORSwap app earn $THOR tokens as rewards, thereby encouraging participation and enhancing the overall liquidity of the ecosystem. These incentives are crucial for maintaining a robust and dynamic trading environment.
Staking is another significant utility of the $THOR token. Users can stake their tokens to earn yield, contributing to network security and stability. The staking mechanism is designed to provide attractive returns while supporting the platform's long-term sustainability.
$THOR also has a deflationary aspect through token burns. A portion of the fees generated on the platform is used to buy back and burn $THOR tokens, reducing the overall supply and potentially increasing the token's value over time. This deflationary mechanism aligns the interests of the token holders with the platform's growth and success.
The tokenomics of $THOR are structured to balance emissions and ensure that rewards are distributed in a way that promotes long-term value. The distribution includes allocations for community incentives, development funds, and ecosystem partnerships, all aimed at fostering a vibrant and engaged user base.
$THOR is listed on several prominent exchanges, including SushiSwap and others, making it accessible to a broad audience. Users can easily trade $THOR, providing liquidity and contributing to the token's market activity.
THORSwap Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 25.12.2023Validation Date
THORSwap User Trust Reviews
THORSwap FAQ
$THOR is the native token of THORSwap app, used for governance, staking, liquidity provision, and paying platform fees. It incentivizes participation and enhances the ecosystem's liquidity.
Savers Vaults on THORSwap app allow users to earn native yield on Layer 1 (L1) assets without the risk of impermanent loss, providing a secure way to earn returns on their crypto assets.
The governance model of THORSwap is decentralized, allowing $THOR token holders to vote on proposals and influence the platform's development and future direction.
To perform a cross-chain swap on THORSwap, connect your wallet, select the assets you want to swap, and execute the trade directly through the THORSwap App.
For more detailed information about THORSwap, visit the THORSwap Documentation or the official THORSwap app website.
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