Ren Ecosystem Update
July 2020
Welcome to the third Ren Ecosystem Update. With RenVM having a successful first two months in production, these Ecosystem updates will continue to be a one-stop-shop that collates all the most important Ren news of the month.
As you know, the format of the update varies month-to-month covering topics from RenVM network stats, integrations, new Ren Alliance Members, community updates, integration infrastructure updates, milestones, new blockchain additions, and more! So without further ado, we have a few areas to cover.
Ren in DeFi
Loopring x Ren
If you haven’t already, check out our incentivized $renBTC-USDT Liquidity Mining on Loopring Exchange here. It’s a great way to put your BTC to work and just one of the many examples of DeFi x RenVM composability.
Kyber x Ren
$renBTC is accessible through KyberSwap, along with other DApps and platforms that are powered by Kyber’s on-chain liquidity protocol. Check it out here.
0x x Matcha x Ren
This collaboration provides deep $renBTC liquidity throughout the 0x Ecosystem, paired with one of the best user experiences in DeFi thanks to Matcha 🍵. Check it out here.
Aave x Ren
You can now lend and borrow $REN via the Aave Market. Check it out here.
Polkadot x Acala x Ren
Ren will be bringing $BTC to the Polkadot Ecosystem. Check it out here.
Bancor x Ren
$REN and $renBTC will be some of the first Bancor V2 Launch Pools. Check it out here.
MakerDAO x Ren
$renBTC is under consideration to be added as a collateral type in the MakerDAO Ecosystem. If you hold MKR, cast a vote here.
Synthetix x Ren
$REN is on Synthetix's new binary options trading feature. Check it out here.
Binance x Ren
Binance Enables Isolated Margin Trading for $REN. Check it out here.
yEarn Finance x Ren
With credit delegation, individuals can soon farm yield with $REN. Check it out here.
0CF x Ren
0confirmation Introduces Smart Finality which will use RenVM. Check it out here.
Chainlink x Ren
Chainlink’s REN/ETH Price Reference Feed is live on Mainnet. Developers utilizing $REN in their dApp now have access to a secure and reliable price oracle. Check it out here.
Pillar x Ren
With Pillar Wallet, we’ll be developing an in-app version of WBTC Cafe. While it is still a work in progress, the collab has already enabled WalletConnect support for WBTC Cafe. Check it out here.
Current RenVM Network Stats
Total Volume Transaction (TVT): $81,645,205.19
Total Volume Locked (TVL): $17,743,725.47
Darknodes: 1103
REN Locked: 110,300,000 REN | $18,056,440.90
*As of July 28th 9:00 AM EST
*Source https://mainnet.renproject.io/
DeFi Stats | Places to track RenVM and $renBTC
New
Google Studio via Allen Day| renBTC: https://tinyurl.com/yybrpdkf
DeFi Pulse | https://defipulse.com/renvm
Dune Analytics | RenVM Dashboard: https://tinyurl.com/y2lzrayy
CoinGecko | renBTC Markets: https://tinyurl.com/yxgmztah
Debank | BTC on Ethereum: https://debank.com/ranking/btc
Current
RenVM Command Center: https://mainnet.renproject.io/
DeFi Market Cap: https://defimarketcap.io/
BTC on Ethereum: https://btconethereum.com/
Dune Analytics: https://bit.ly/2N6odDM
renBTCBot: https://twitter.com/renBTCBot
A big thanks to all the teams that help track RenVM’s progress!
Native RenVM Integrations
RenBridge | https://bridge.renproject.io/
Curve Finance | https://www.curve.fi/ren
Curve Finance | https://www.curve.fi/sbtc
Wbtc.cafe | https://wbtc.cafe/
Ren in the News
All the noteworthy news featured in one place.
- NASDAQ | sMPC is the Key to Unlocking DeFi’s Next Stage of Growth
- CoinDesk | Nearly $60M in Bitcoin Moved to Ethereum in June
- CoinDesk | Trio of Bitcoin Tokens Lures DeFi Yield Farmers to New Pastures
- Decrypt | Bitcoin joins in DeFi yield-farming frenzy
- Decrypt | Bitcoin is buckling under Ethereum’s gravitational pull
- Crypto Briefing | The Cross Chain Revolution Has Begun: 10,000 Bitcoin on Ethereum
- BTC Manager | Ren to Wrap DigiByte’s DGB Coin to renDGB to Empower Ethereum and DeFi Protocols Interoperability
Miscellaneous Mentions
Community Member of the Month
Anton Lebedev | One of our longest and most loyal supporters, Anton has been an unwavering advocate since day one!
He runs our unofficial Ren Russian Chat and educates our Russian compatriots on all that is RenVM. He’s one of the most selfless community members we have and we couldn’t be more thankful for having him as a part of the Ren community! Keep up the good work sir.
Looking Forward
As RenVM’s usage grows, so too will its impact on the DeFi Ecosystem and we’ll continue capturing this in forthcoming Ecosystem updates. We hope this collation of content is valuable and if you have any suggestions for content, don’t hesitate to let us know.
Onwards and upwards,
— Michael W. Burgess
About Ren
Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain.
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