### What is THORSwap?

THORSwap is a multi-chain decentralized exchange (DEX) aggregator built on THORChain's cross-chain liquidity protocol. It serves as the primary interface for accessing THORChain services, enabling users to perform cross-chain swaps between native assets across multiple blockchains in a decentralized and non-custodial manner.

### How does THORSwap work?

THORSwap functions by leveraging the THORChain liquidity network, which utilizes the automated market maker (AMM) model to facilitate cross-chain asset swaps. It operates nodes for different blockchains to validate and execute swaps securely using threshold signature schemes (TSS), ensuring that assets can be moved between blockchains without wrapping or pegging. THORSwap does not require smart contract interaction for swaps, simplifying the transaction process.

### What are the potential use cases for THORSwap?

1. **Cross-Chain Trading:** Enables trading of native assets across multiple blockchains without custodial risk.
2. **Liquidity Provision:** Allows users to contribute liquidity and earn yield through on-chain mechanisms.
3. **Yield Farming:** Offers yield on Layer 1 assets via THORChain's Savers Vaults feature.
4. **Multi-Sig Wallet Management:** Provides tools for creating and managing multi-signature wallets.
5. **Cross-Chain Development:** Offers SDK tools for developers to build cross-chain applications.

These use cases primarily benefit the decentralised finance (DeFi) sector and cryptocurrency trading by providing efficient cross-chain interaction and liquidity.

### What is the history of THORSwap?

THORSwap originally began as BEPSwap, focusing on Binance Chain’s BEP2 token standard. It transitioned to THORChain’s Multi Chain Chaos Net, becoming a cross-chain DEX aggregator. Since its establishment in 2021, THORSwap has facilitated significant trading volumes and experienced substantial growth in both technology and market presence. Key milestones include the transition from BEPSwap, integration with THORChain, and achieving significant Total Value Locked and trading volume figures. The THOR token also saw a notable increase in value, highlighting its impact within the crypto community.

THORSwap

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