Varen Finance Cemented A Partnership With Ren Protocol

Published on: 22.12.2021

Ren Protocol announce the very first multi-chain swapping dApp powered by RenVM. Varen X is a cross-chain decentralized exchange (DEX) interface that has been in development for over a year.

This integration is the ultimate vision for RenVM — composable cross-chain DeFi. It uses every aspect of DeFi out there; UI from SushiSwap, liquidity aggregation from 1inch’s routing API, and last but not least bridging technology and composability from RenVM (RenJS).

It is the ideal integration for RenVM, creating high-velocity movement of assets with a seamless cross-chain user experience. We are thrilled to see this product come to market in collaboration with the Varen Finance team.

Varen X supports all RenVM assets, so users can now trade native Bitcoin (BTC), Bitcoin Cash (BCH), DigitByte (DGB), Dogecoin (DOGE), Filecoin (FIL), Luna (LUNA), and Zcash (ZEC) for any other asset within the Ethereum ecosystem (ERC-20s).

In addition to Varen X, VarenX v2 may integrate host-to-host as well, to support swaps from popular lower-cost EVM compatible chains. Ren Labs and Varen Finance also have some exciting things in store for the ecosystem and will be working more closely together on future products.

ABOUT Varen Finance
Varen is a community-governed DeFi protocol building user-friendly products and services.