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RuneStoneCoin

RuneStoneCoin (RUNE)

$ 0.78
4.24 %
Main info
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Comments
Markets
Analytics
Market cap
$275.4M
4.24 %
Volume (24h)
$23.86M
4.24 %
Circulating supply
351,295,361 RUNE
Total supply
425,377,052 RUNE
Max. supply
500,000,000 RUNE

About RuneStoneCoin

THORChain is a decentralised liquidity network that uses a chain-agnostic bridge protocol alongside continuous liquidity pools (CLPs) to create incentivised, always-on liquidity for users to trustlessly swap any asset across any chain. THORChain can bridge to almost all major UTXO, account and contract-based assets including Bitcoin, Ethereum, their code-forks as well as their tokens using threshold signatures. The RUNE token is the native token of the ecosystem and is used as the liquidity asset in all liquidity pools. Users stake RUNE alongside other assets (like Bitcoin, Ethereum and Monero) to earn on liquidity pools. The deeper the liquidity pool the less slip experienced by traders swapping assets.

Key data

updated $0
Market cap$275.4M
Volume 24h$23.86M
Circulating supply351.3M70% of max 500M

RuneStoneCoin (RUNE) is a hybrid cryptocurrency combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanisms. It aims to balance security and energy efficiency while offering decentralized transaction capabilities. The project emphasizes transparency, with details available on its official preview site.

Frequently asked questions

What is RuneStoneCoin and how is it different?

RuneStoneCoin (RUNE) is a hybrid PoW/PoS cryptocurrency, offering both mining and staking options. Unlike pure PoW coins, it reduces energy consumption through PoS, while maintaining security via PoW.

How does RuneStoneCoin's consensus mechanism work?

RUNE uses a dual PoW/PoS system: PoW secures the network through mining, while PoS allows holders to validate transactions and earn rewards by staking their coins, improving scalability.

How is RUNE's supply distributed?

The emission model likely combines mined coins (PoW) and staked rewards (PoS), but exact distribution details should be verified on the project's official preview site for transparency.

How can I store and use RUNE?

RUNE can be stored in wallets supporting its hybrid blockchain (check compatibility). Use cases include transactions, staking for rewards, or as a speculative asset, depending on market adoption.