In its simplest terms, THORChain is a decentralized way for any crypto user to swap between different coins without having to use the traditional exchanges that are normally associated with trading.
THORChain also gives holders the ability to earn an income from just holding and providing liquidity to the swaps.
Haven Protocol brings arguably the most important piece of the crypto jigsaw to the masses… PRIVACY. With xUSD, the world’s only private USD stablecoin, anyone can have privacy and stability without hopping from coin to coin
One problem with centralized exchanges is they force users to give custodial possession of assets, data, and privacy. Decentralized exchanges are often presented as the answer, but are mostly restricted to Ethereum tokens. THORChain is the world’s first DEX that works across chains
Combining Haven Protocol and THORChain brings together the ultimate in crypto utility. For the first time ever, users can swap between any supported coin, and a private stable coin or asset, without KYC. This gives freedom to choose between stable and volatile assets without the usual restrictions associated with centralized exchanges and collateralized stablecoins.
With Monero grade privacy built-in from the ground up, xUSD and Haven’s entire network of xAssets gives you access to stability and autonomy. With accounts only, you can access, transactions only you control and balances only you can view, you’re now the bank
Through THORChain it gives all crypto users the ability to escape the storm and maintain their value with a choice of asset classes in the Haven Vault. Through xUSD you can also choose to store your wealth in precious metals, major fiat currency stablecoins, or a private bitcoin tracker (xBTC). All from your own mobile phone or computer
Seamless swaps in and out of many major cryptocurrencies and a highly liquid network gives xUSD the necessary integration with the wider crypto market
Earn a passive income just from holding xUSD or any other supported coin and provide the liquidity for the swappers
To find out more, take a deep dive in our knowledge base THORChain Hub: https://havenprotocol.org/knowledge/
To find out more about the potential of THORChain visit the Knowledge Base
Note: THORChain isn’t private by itself. But users have the option to preserve their anonymity if required by entering and exiting the ecosystem using Haven Vaults.