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.
Ren Protocol Announces New REN Alliance
Ren token utility
Setting Up a Ren Chaos Darknode
Testing the Chaos Darkpool Node! Wow, this might just be huge!
— Shash (@shashxxx) March 6, 2020
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