THORSwap has completed its public IDO and has launched the $THOR token. The Token will act as a utility token to provide access to its decentralized governance features. $THOR is currently available on SushiSwap and on the THORSwap platform.
THORSwap is a decentralized multi-chain exchange (DEX). It allows users to swap tokens across between multiple layer 1 blockchains in a permissionless, non-custodial and decentralised manner. This allows token swapping without using an intermediary like a centralized exchange. Currently THORSwap supports , , , , and . Further integrations will be added in the coming months.
A multichain world is the actualization of free markets
– Arc Managing Director David Nag
ThorSwap previously raised $3.75 million in a private token sale led by IDEO CoLab Ventures and joined by True Ventures, Sanctor Capital, Nine Realms, Proof Group, 0xVentures, and Qi Capital.
THORSwap also launched a community-owned DAO THORChads. They state that they plan to reward THOR Chadness, with NFT airdrops, fun webapps, games and more.
THORSwap App: https://app.thorswap.finance
Telegram Announcement: https://t.me/thorswap_ann