REN Protocol Ecosystem Update For The Past Few Months
Ren Protocol is an open protocol that enables the movement of value between blockchains. It introduces RenVM an open protocol providing access to inter-blockchain liquidity for all decentralized applications. Bring BTC, BCH, ZEC and more to your Ethereum app.
Let us learn what are the important events and upcoming updates that Ren Protocol bring to the masses this month of June 2021.
RenVM continues to march onward with its cross-chain expansion, now with a total of six (6) destination chains supported. These are Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche and Solana blockchains.
Ren Integrates Solana
A direct bridge for BTC and more is live on Solana, users can now mint and burn the following assets on Solana, such as $renBTC | Bitcoin (BTC), $renBCH | Bitcoin Cash (BCH), $renDGB | DigiByte (DGB),
$renDOGE | Dogecoin (DOGE), $renLUNA | Terra (LUNA), $renZEC | Zcash (ZEC),$renFIL | Filecoin (FIL)
Ren Integrates Avalanche
A direct bridge for BTC and more is live on Avalanche. Users can now mint and burn the following assets on 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
REN Protocol have also formed some special partnership with the top cryptocurrency projects in the industry such as Greyscale, Fantom, Pangolin, Sushiswap and many others to mention.
Ren Protocol is a very promising crypto project that can bring lots of good products to the masses specially to their community, users and investors. We are looking forward what more can REN Protocol has to offer in the near future
Stay tuned…………………
ABOUT REN PROTOCOL
Ren is an open protocol that enables the movement of value between blockchains.
RESOURCES
Medium
