THORChain and ShapeShift DAO Release rFOX Features

Bittime - Learn about THORChain and ShapeShift DAO's newest rFOX and Rune Pool features that allow staking FOX tokens to earn RUNE rewards. Check out the article!

THORChain dan ShapeShift DAO Rilis Fitur rFOX

THORChain and ShapeShift DAO recently announced the launch of new features called rFOX and Rune Pool. The goal of this new feature is to increase the liquidity and security of the THORChain network and provide users with a new way to earn native RUNE rewards through staking FOX tokens.

What is rFOX?

The newest feature, FOX, allows ShapeShift DAO users to stake their FOX tokens to earn real RUNE rewards. This allows FOX token holders to remain actively involved in the THORChain ecosystem while earning passive income. 

In return, users who participate in this feature will receive RUNE, a token that plays an important role in the THORChain ecosystem.

Read Also: Pichi Finance Opens PCH Application and Snapshot Airdrop on October 2!

Rune Pool Provides Liquidity and Security

These innovations include the launch of Rune Pool, in addition to rFOX. The liquidity pool powered by THORChain protocol, Rune Pool, supports various popular crypto assets such as Bitcoin, Ethereum and others. 

By integrating these liquidity pools, THORChain strengthens its network, ensures sufficient liquidity, and increases the security of cross-chain transactions.

Benefits for Users

According to Julia Love, THORChain brand ambassador, "This innovation provides users with multiple ways to earn RUNE, while enhancing the security and liquidity of the THORChain network."

With rFOX and Rune Pool, users can tap into new sources of income and contribute to the development and development of the larger network. 

Conclusion

The launch of rFOX and Rune Pool shows how THORChain and ShapeShift DAO can work together to create solutions that help users and improve the crypto network as a whole. 

With this feature, users have more ways to earn passive income while supporting a safer and more liquid ecosystem.

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