⭐About Runes Markets
Trade your Runes token allocations
The Runes protocol marks a significant advancement within the Bitcoin ecosystem, introducing a novel standard for issuing fungible tokens directly on the Bitcoin blockchain. This innovation paves the way for a wider range of functionalities and opens exciting possibilities for expanding the utilities of Bitcoin Blockchain. Whales Market leverages a novel cross-chain hybrid approach to facilitate Rune trading using assets from various blockchains. This innovative approach utilizes a mechanism on the Bitcoin blockchain's UTXOs, which allows Whales Market to subdivide the total Rune supply into smaller portions, enabling users to trade for precisely desired token amounts. This breakthrough unlocks broader utility for users: they can trade Runes on the Bitcoin blockchain while utilizing assets held on other blockchains. This has the potential to serve as a gateway to attract the next billions of users to the Runes ecosystem.
Whales Market leverages this intervention to establish two distinct markets:
Pre-Runes Market: This market allows users to trade for allocations of Runes before they are added to liquidity pools on marketplaces/ exchanges.
Runes Cross-Chain DEX: This ultimate cross-chain Runes DEX empowers the trading of Runes using exchanges from various blockchains, including Solana, Ethereum, BNB Chain, and Arbitrum
Linking both your Bitcoin and Solana wallets is required to trade on Runes-based markets on Whales Market. This is compulsory.
At the initial phase, only collaterals based on Solana are supported
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