REN

A protocol that enables the movement of value between blockchains

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Overview

RenVM is a distributed network that connects a growing number of blockchains, enabling users to move cryptocurrencies between them. When a new blockchain is added to RenVM, it instantly becomes connected to every other supported blockchain.RenVM is open to all developers to build their own user interfaces, applications or bots, and allow their users to access cross-chain liquidity and move tokens between blockchains. 
By combining consensus with secure multi-party computation (MPC) algorithms, RenVM is able to instantiate a decentralised, permission-less, and trust-less custodian capable of locking assets on one chain and minting one-to-one pegged representations of them on other chains. 
Tags: De-Fi, Infra
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The REN token is used as a bond to run a Darknode, which powers the Ren network. The decentralized network of Darknodes is permissionless, but to prevent the forging of a large number of identities a good behavior a bond of 100,000 REN tokens is required in order to register and run a Darknode.
Current Price:$0.05475
Market Cap:$54,701,802 (#628)
Volume (24h):$10,646,388
Circulating Supply:1,000,000,000
Total Supply:1,000,000,000
All-Time High:$1.80 (2/20/2021)
Last Update:May 14, 2024 01:45:54
More Info:CoinGecko

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Project Rating

We take the following into consideration when forming our opinion: White Paper, Team, Partners, Marketing, Use Case, Tokenomics, Market Size, Competitors, Roadmap, Technology, Progress to Date, Advisors and Board Members. Our rating is not intended to endorse or promote an investment in any specific cryptocurrency.

(4 out of 5)

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Blog

Explore the most recent news and updates on our blog. Find out about recent partnerships, updated roadmaps, staking and liquidity mining opportunities, upgrades, new team members and more. Also, be sure to check out Ren's full Medium page.

Feeds To Follow

Check out the feeds of some popular team members, supporters, followers, etc. of the Ren project.

Project Videos

Check out some notable videos from Ren's channel, including the Latest Video, Spotlight Video and an Intro Video if applicable.

News & Updates

Check out the latest News from top sources and Updates from the team to keep up to date on the project.

Influencer/Misc Videos

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Blockchain Friends

Below are some of the larger blockchain-related friends of the Ren project. This can include partners, forks, collaborations, and otherwise related projects.

Stock Photos

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