Thorchain is a decentralized liquidity protocol designed to enable cross-chain swaps, facilitating seamless & secure asset trading across different blockchains.
Key Advantages of Thorchain:Cross-Chain FunctionalityDecentralizationSecurity and TrustlessnessLiquidity IncentivesNo Middleman
Risks and Challenges:Impermanent LossNetwork SecurityRegulatory Risks
Conclusion:Thorchain enables cross-chain swaps & decentralized trading using its native token, RUNE. It offers secure, trustless trading across blockchains, but users should be aware of associated risks