Ren Protocol Introduce BTC Pool With Curve Finace in Fantom
An open protocol that enables the movement of value between blockchains. Ren Protocol introduce BTC Stable Pool with Curve Finance on Fantom Foundation. With this idea, users are now being able to start earning with Bitcoin on Fantom Network.
HERE’S HOW TO START:
♠ Use RenBridge to bridge $BTC to $renBTC on Fantom
♠ Deposit renBTC into the Fantom Curve pool
♠ Start earning yield
Curve Finance main goal is to let users and other decentralized protocols exchange stable coins (DAI to USDC for example) through it with low fees and low slippage. Unlike exchanges out there that match a buyer and a seller, the behavior of Curve is different, it uses liquidity pools like Uniswap. To achieve this, Curve needs liquidity (tokens) which is rewarded by those who provide it. Curve is non-custodial meaning the Curve developers do not have access to your tokens.
RenVM, is an open protocol providing access to inter-blockchain liquidity for all decentralized applications. Bring BTC, BCH, ZEC and more to your Ethereum app. It is secure network of virtual computers that power interoperability for decentralized applications, enabling cross-chain lending, exchanges, collateralization & more.
ABOUT REN PROTOCOL
Ren is an open protocol that enables the movement of value between blockchains.
ABOUT FANTOM FOUNDATION
Fantom Foundation is committed to building technology that is open-source, decentralized Dag-based distributed ledgers.
ABOUT CURVE FINANCE
The easiest way to understand Curve is to see it as an exchange. Its main goal is to let users and other decentraliZed protocols exchange stablecoins (DAI to USDC for example) through it with low fees and low slippage. Unlike exchanges out there that match a buyer and a seller, the behavior of Curve is different, it uses liquidity pools like Uniswap. To achieve this, Curve needs liquidity (tokens) which is rewarded by those who provide it.
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