Rune on BNB Chain

Introducing Rune (RUNE): A New Arrival on the BNB Chain

Welcome to the detailed profile of Rune (RUNE), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Rune (RUNE) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Rune (RUNE) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Rune (RUNE) and find answers to some frequently asked questions.

Token description

## What Is Rune (RUNE)? [Rune](https://coinmarketcap.com/currencies/rune/) is an open-ended dark fantasy gaming universe built on [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain), where players can battle, join a guild, collect powerful weapons, and earn [NFTs](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) and cryptocurrency in the form of runes by playing. Runes are small and rare stones inscribed with magical glyphs needed to craft Runewords (NFTs), weapons, and armor. 33 different Runes are distributed to players over two years. Each Rune has a supply of 100,000 or less, and players can earn Runes by competing against other players, joining guilds, participating in yield farms, and community participation. The Rune universe consists of Rune Evolution, a play-to-earn game, Rune Farm, the yield farm, Runewords (NFTs), and the Rune Infinite Arena, a player-versus-player game. The team is also developing the Rune Sanctuary, an MMORPG that will be launched in 2022. Currently, Rune is running on BSC, but the team sees the universe as blockchain-agnostic and is building a bridge to [Polygon](https://coinmarketcap.com/currencies/polygon/). ## Who Are the Founders of Rune? Rune’s founders are anonymous. The team chose to stay anonymous to protect itself, its associates, and users from “archaic legislation imposed by governments who won’t understand the emerging DeFi field for years to come.” The team alludes to “Binzy,” which is their fill-in for the person(s) behind Rune, a real software engineer with 20 years of experience and connections in the crypto world. In total, the team consists of 12 people: the lead dev, four unity developers, a React developer, a Solidity developer, two consultant developers, two consultant project managers, one marketing manager, one community manager, four mods and some advisors ## What Makes Rune Unique? Rune offers an attractive mix of blockchain gaming, NFTs, and elements from decentralized finance. Its universe is split into four different parts. Rune Evolution is a play-to-earn game and was the first game built for the ecosystem. You start as a dragonling that can fly around and eat sprites to evolve into a dragon eventually. One round in the web browser-based game lasts five minutes, and players can earn crypto as a reward. Rune Farm is the yield farm that attracts liquidity to the ecosystem. You can acquire runes through providing liquidity and raiding farms, i.e., yield farming. The team promises that since the supply of runes is limited, their price should find a bottom. Moreover, each rune has its specific utility, and runes can also be combined to build Runewords. Furthermore, for 2022, an online RPG built around runes is in development. Runewords (NFTs) are unique weapons and armor. Each Runeword is suitable for a specific hero class (seven different hero classes exist) or style of play. Runewords improve a hero’s capabilities in battle and offer improved farming and merchant abilities. Runewords are shared, collected, and traded in the Rune Market and players will soon be able to lend them to others. Runewords are crafted from runes. Finally, the Rune Infinite Arena is a player-versus-player, web-based 2D topdown game, where you battle your opponents for prizes. Once you defeat an opponent, they go back to the beginning while you can continue the path that goes on infinitely. The last one standing after one minute of battle claims a reward in the form of crypto or NFTs. Every 15 minutes, you enter a new arena. #### Related Pages: Check out [Axie Infinity (AXS)](https://coinmarketcap.com/currencies/axie-infinity/) — a pet-oriented trading game incorporating NFTs. Check out [Pancakeswap (CAKE)](https://coinmarketcap.com/currencies/pancakeswap/) — the biggest decentralized exchange on BSC. Read CoinMarketCap’s deep dive on [Rune](https://coinmarketcap.com/alexandria/article/what-is-rune-rune-and-how-to-play-it). Get the latest crypto news and latest trading insights with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog). ## How Many Rune (RUNE) Coins Are There in Circulation? The total supply of RUNE is 22,530. 3,230 RUNE were burned, leaving a total circulating supply of 19,300. 10,000 RUNE were minted, and the remaining 12,530 were farmed. The original 10,000 RUNE were locked for five years using DxLock. The team launched RUNE as an experiment to bootstrap the ecosystem and create a community. It plans to split RUNE into Rune Shards (RXS) on Polygon in a 1:10,000 ratio. RXS could then be used as payments and rewards in games throughout the Rune Universe. RUNE incurs a 1% transfer fee and up to 1% vault fee, including a 0.1% charity fee and a 0.1% developer fee. This fee goes to the vault, where it is used to fund marketing, development, and community-building events. ## How Is the Rune Network Secured? RUNE is a BEP-20 token on the [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain). Runes are also BEP-20 tokens. The project was forked from Goose, which was audited by Certik and Hacken. The team claims to have audited it internally by half a dozen developers and is working on getting more official audits. It uses no oracles for prices and does not depend upon other contracts for live calculations. It also doesn’t pair the liquidity with partners, minimizing the danger of a flashloan attack. BSC is secured through the [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so. ## When Will Rune Trading Begin? Rune launched on March 30, 2021, on the Binance Smart Chain. ## Where Can You Buy Rune (RUNE)? RUNE is available on [PancakeSwap](https://coinmarketcap.com/en/exchanges/pancakeswap-v2/) and [Cointiger](https://coinmarketcap.com/exchanges/cointiger/).