Leofinance Community Page | Thor Chain (RUNE)
Decentralized is something that’s is highly spoken about here on the hive layer blockchain and in other communities which is built on the blockchain.
I refer to Leofinance a game changer when you talk Web3 applications and strategies which them employ social media platform.
The community page which is a product under the Leofinance flagship has been able to bring other communities unto the Leofinance platform which from the look of things it’s been bubbling down there, as last when I check it was only RUNE I could see but now other projects crypto related has onboarded.
The beauty about the community page is that it’s not only centered around cryptocurrency or crypto related projects alone it’s also opened to non crypto related projects.
THE THOR CHAIN( RUNE) WHAT ABOUT IT?
Thor chain which can also be referred to as RUNE is a decentralized liquidity pool that allows users to swap assets and also be able to exchange it with other native- layer 1 assets such as Bitcoin (BTC) which acts as the vaults manger. From resources gotten from binance academy which listed the various of users in the ecosystem, which is Swappers, Liquidity providers, node operators and lastly the traders.
Thorchain actually exists within the Defi space and it also facilitate cross chain liquidity which directly reduce the need of centralized exchanges. The workability of Thorchain revolves around the above mentioned users which they have their respective roles which they play in the execution process.
Mostly on the Leofinance platform you might be coming across the word RUNE, well RUNE is a native asset to Thorchain as to LEO is to Leofinance.
If you seen this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
Posted Using LeoFinance Beta
https://twitter.com/Anonymouwritter/status/1553994350237040645
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