What is the native token of THORChain?
The native token of THORChain is RUNE.
RUNE is an ERC-20 token that serves as the base asset for the THORChain network. It is used to facilitate transactions, pay fees, and reward validators for their work. RUNE also provides liquidity to the network by allowing users to trade it on decentralized exchanges (DEXs).
Additionally, RUNE can be staked in order to earn rewards from the network. Staking rewards are distributed proportionally based on the amount of RUNE staked and the amount of time it has been staked for.
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