THORChain is a decentralized liquidity protocol that let users to effortlessly swap cryptocurrency assets across a variety of networks, including but not limited to Ethereum and Bitcoin, while maintaining complete custody of their holdings. It aims to make all of crypto liquid by enabling the trading of non-native chain crypto assets.THORChain was created by a mostly anonymous group of people in 2018 during a hackathon. The protocol's multi-chain mainnet was subsequently deployed in April 2021, after funded through an initial DEX offering (IDO).RUNE is the THORChain platform's native utility token. This is the THORChain ecosystem's fundamental currency, and it's also utilized for platform governance and security as part of the Sybil resistance measures. Users can stake digital assets in liquidity pools to receive a return on their investments through trading fees and incentives in RUNE tokens