What is THORWallet?
THORWallet is a cross-chain mobile wallet powered by THORChain, enabling users to perform decentralized swaps of native assets across different blockchains without wrapped tokens or intermediaries.
Unlike typical wallets, it integrates advanced DeFi functionalities like liquidity provision, lending, savings, and staking, giving users access to a full suite of on-chain financial tools in one application.
Key Features
- Cross-Chain Swaps: Exchange BTC, ETH, ATOM, LTC, and more directly.
- Liquidity Provision: Add assets to THORChain pools and earn swap fees.
- Staking: Stake native tokens like RUNE to earn rewards and secure the network.
- DeFi Access: Lending, savings, and yield opportunities in-app.
- Mobile Native: Available for both iOS and Android with intuitive UI.
- Non-Custodial: Full control of your keys and funds.
Cross-Chain Swaps
- Download and open the THORWallet app.
- Create or import a wallet with your seed phrase.
- Select the Swap option and choose source and destination chains.
- Enter the amount and review estimated fees, price, and slippage.
- Confirm the swap and wait for on-chain finalization.
Note: THORWallet uses THORChain liquidity pools to execute swaps natively, not wrapped tokens.
Staking and Liquidity
Users can stake RUNE or provide liquidity into pools such as BTC/RUNE or ETH/RUNE to earn yields. Dual and single-sided staking options are available, providing flexibility for different strategies.
- Earn swap fees and liquidity rewards.
- Choose between dual-asset or single-asset deposits.
- Monitor impermanent loss and rewards through the wallet dashboard.
Security & Best Practices
THORWallet is designed with self-custody at its core, but security depends on user practices:
- Safeguard your recovery phrase offline and never share it.
- Always download from official app stores or THORWallet’s website.
- Use biometric locks or PINs for wallet access.
- Stay cautious of phishing links or fake apps mimicking THORWallet.
Conclusion
THORWallet brings the power of cross-chain DeFi directly into your pocket. With native swaps, liquidity provision, and staking, it’s a versatile tool for users looking to access decentralized finance across multiple chains while keeping full custody of their funds.