RenVM INTEGRATES AVALANCHE.

Published on: 04.06.2021

RenVM, a decentralized, trustless, permissionless custodian developed by Ren, is now live on Avalanche. With RenVM Bridge support, anyone can mint and burn the below assets on Avalanche. This is a direct bridge integration allowing for deposits/withdrawals to and from Avalanche with minimal gas fees.
The integration of RenVM brings the following assets to Avalanche:

✔️ renBTC | Bitcoin (BTC) on Avalanche

✔️ renBCH | Bitcoin Cash (BCH) on Avalanche

✔️ renDGB | DigiByte (DGB) on Avalanche

✔️ renDOGE | Dogecoin (DOGE) on Avalanche

✔️ renFIL | Filecoin (FIL) on Avalanche

✔️ renLUNA | Terra (LUNA) on Avalanche

✔️ renZEC | Zcash (ZEC) on Avalanche

About‌ ‌Ren‌ ‌

Ren‌ ‌is‌ ‌an‌ ‌open‌ ‌protocol‌ ‌that‌ ‌enables‌ ‌the‌ ‌movement‌ ‌of‌ ‌value‌ ‌between‌ ‌blockchains.‌

About Avalanche

Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.

⬇️DETAILS:

https://medium.com/avalancheavax/renvm-a-permissionless-decentralized-virtual-machine-protocol-integrates-avalanche-48f88e0baa33

 

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