> For the complete documentation index, see [llms.txt](https://docs.eldorito.club/el-dorito/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.eldorito.club/el-dorito/integrations/thorchain.md).

# Thorchain

Thorchain is a decentralised cross-chain liquidity protocol which uses the [Tendermint](https://tendermint.com/) consensus engine, [Cosmos-SDK](https://cosmos.network/) state machine, and GG20 [Threshold Signature Scheme](https://eprint.iacr.org/2019/114.pdf) (TSS). It does not peg or wrap assets, it manages funds directly in on-chain vaults, and secures those funds using economic security. It could be described as a "cross-chain automated market maker (AMM), like Uniswap but accross chain". It allows for amazing and novel actions like million dollar BTC-ETH streaming swaps with close to zero slippage, or native BTC single sided yield.<br>

Building on the foundation of liquidity pools, Thorchain pursues three important financial primitives:

1. Allow a user to **Swap** {*Asset X on Chain A*}, to {*Asset Y on Chain B*}.
2. Allow a user to **Save** {*Asset X on Chain A*}.
3. Allow a user to **Lend** {*Asset X on Chain A*}, to **Borrow** {*Asset Y on Chain B*}.

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Learn about this and more at <https://thorchain.org/>.