RenVM is a permission-less, trust-less, and decentralised open protocol. which is powered by Darknodes to realize cross-chain DeFi interoperability.RenVM mainnet supports 7 types of assets such as BTC, ZEC, BCH, FIL, and DOGE. Users can deposit the native BTC as collateral into the RenBridge, and RenVM's smart contract will issue 1:1 anchored renBTC on Ethereum. RenVM is a network that allows developers to bring cross-chain functionality to their DeFi applications. Ren Protocol has issued the REN token which is classified as a Work Token. Darknodes need to stake REN as collateral and run the nodes to earn fees.
RenVM is a permission-less, trust-less, and decentralised open protocol. which is powered by Darknodes to realize cross-chain DeFi interoperability.RenVM mainnet supports 7 types of assets such as BTC, ZEC, BCH, FIL, and DOGE. Users can deposit the native BTC as collateral into the RenBridge, and RenVM's smart contract will issue 1:1 anchored renBTC on Ethereum. RenVM is a network that allows developers to bring cross-chain functionality to their DeFi applications. Ren Protocol has issued the REN token which is classified as a Work Token. Darknodes need to stake REN as collateral and run the nodes to earn fees.
