Bitcoin to the interoperability network. Last month, Ren Protocol introduced its cross-chain interoperability tool RenVM, while pBTC, an interoperability token aimed to bring Bitcoin’s liquidity to the Ethereum network. Ren, an interoperable liquidity protocol for DeFi, has announced the formation of the Ren Alliance. The Alliance is a consortium of companies and projects operating in DeFi that will help to secure, develop, and utilize the “Ren Virtual Machine.”
It aims to boost the interoperable utility of the RenVM project and help to inject more liquidity into the broader DeFi segment. This will be achieved by introducing larger collateral types, including BTC and other major altcoins, to the DeFi ecosystem.
References:
Ren Protocol Announces New REN Alliance
https://www.cryptoninjas.net/2020/03/02/cross-blockchain-decentralized-finance-protocol-ren-introduces-new-consortium/
https://medium.com/renproject/how-renvm-actually-works-c2f76a2630c4
Ren token utility
https://docs.renproject.io/darknodes/faq/ren-token
https://www.namecoinnews.com/matic-network-to-compete-with-lightning-network-on-cheaper-btc-transactions/
Setting Up a Ren Chaos Darknode
Adding a third to my list of great defi projects after $MKR and $LINK$REN
Testing the Chaos Darkpool Node! Wow, this might just be huge!
— Shash (@shashxxx) March 6, 2020
https://docs.renproject.io/darknodes/
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Scammy project on scammy chanell…good job
Wazirx is on fire ever since crypto is taking Indian rupees . Could be the biggest exchange in India and binance backed. We should get in before it goes up and up
thnx m8
Ren is a watcher…………..Thanx guys!
Interesting project, but can't chase. Will pick up some when it retraces/dumps.
great job
Thank for the insight
Could you make a vid on Vechain?
it is launching in 4 weeka? the mainnet?
Matic network on fire ???
zeus
MATIC!!!
REN looks like a very good project, I want to see how far it will go, hopefully all the way 🙂
As always nice video ✌
REN or ZRX?
Cryptotag !
Check out TROY if u want a coin that has not already mooned.
Wud luv to buy some REN, but not avail to me!
cool content you deserve more subscribers
Comments are closed.