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JAKE JAWBREAKER vs SUGAR SNAKE 🥊💰
Billion dollar circus. Who do you bet for?
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Hulk Logan & Pikachu.
Dana MBite screaming.
Ken Goldenman packed.
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@cryptorover Rover u become one big goulash one day you posting bullish one day bearish your predictions nowadays more like goulash….one day you bullish other day bearish so choose your side and don’t change your opinion every day
Two questions come up constantly from people new to THORChain. Do you need $RUNE to swap? And isn't it just a governance token? The answer to both is no, and understanding why tells you everything about how the protocol actually works.
You don't need $RUNE to swap. You send $BTC, you receive $ETH, and $RUNE never touches your wallet. What's happening underneath is that every pool on THORChain is paired with $RUNE, so the protocol routes your swap through it automatically. It's the plumbing, not something you interact with.
As for governance, $RUNE works nothing like that. Holding it gives you no vote. A vote belongs to a node operator, one per node, earned by bonding a large amount of $RUNE to secure the network. You don't buy influence. You put up capital, take on responsibility, and the vote comes with the job.
What $RUNE actually does: it connects every pool, secures the network through bonded capital, and pays nodes and LPs from real swap fees. Almost any other crypto could remove its token tomorrow and the network would keep running. THORChain couldn't.
THORChain swaps settle at the end of each block in a fixed order. That design is deliberate and secure, but it creates a small gap: perfect real-time arbitrage between THORChain and external markets isn't always possible within a single block.
@Rujiranetwork 's Virtualisation Strategy fills that gap. When you want to swap USDC for $BTC, Rujira lends you the $BTC instantly from its own lending pool. You get your tokens immediately. At the end of the block, Rujira executes the actual swap on THORChain and settles the position, charging a small premium for the service and absorbing the brief price risk itself.
Because Rujira does this continuously, it creates automatic arbitrage every single block whenever there's enough price deviation. Prices on THORChain stay more accurate, slippage drops, and when combined with Rapid Swaps, execution becomes significantly faster for users.