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Thorchain’s decentralized liquidity network is a game changer, primarily allowing users to maintain full custody of their crypto assets. One of the most compelling features of this system is its minimal slippage on trade transactions, making it an efficient option for users looking to swap assets.
The Rune token has witnessed robust performance, particularly in 2023, overcoming many challenges that plagued its earlier iterations. After a dramatic decline, Rune hit a peak in May 2021 before experiencing volatility due to vulnerabilities within the system. Despite this, it has shown resilience and increasingly compelling trading volume, marking it as a desirable long-term investment.