Ren Ecosystem Update
April 2021
Welcome to the April Ren Ecosystem Update! RenVM continues to make strides in its cross-chain expansion, with a very busy month and over 4.5 billion in total volume to date. So without further ado, let’s dive in.
RenVM x BadgerDAO Integration | Badger Bridge
The long-awaited BadgerDAO x RenVM integration is now live! Bridge your BTC to DeFi and earn, with nearly $6,000,000 in user rewards up for grabs. The largest incentive program for bridging Bitcoin to Ethereum to date. This collaboration consists of three components:
- Native RenVM integration on Badger Bridge
- Bridge Mining Program | Yield Farming via Badger Cetedel Program
- BadgerDAO & WBTC.Cafe
Learn more here.
Ren x Value DeFi Integration | RenVM’s First Native Integration on BSC
RenVM’s first native integration is now live on Binance Smart Chain along with yield farming for $renBTC and $renZEC stableswap pools. This collaboration consists of four components:
- First native RenVM integration on BSC
- First Zcash stableswap pool | renZEC <> ZEC-B
- Third renBTC stableswap pool on BSC | renBTC<> BTCB
- Yield Farming | BTC and ZEC Pools
Learn more here.
RenVM x Ellipsis Finance | BTC Stablepool
The new Bitcoin stableswap pool on Ellipsis Finance (BSC) is live! Earn $BTC & $EPS yield from trading fees, with no impermanent loss, and low gas fees. Learn more here.
Ren x DigiByte x 1inch Network
Bring your DGB to Ethereum (via $renDGB) and earn yield! Learn more here.
Ren’s Cross-Chain Pool on Rari Capital is live
The following assets can now be supplied and used as collateral to borrow any of the other assets in the pool: $renBTC / $renFIL / $ETH / $DAI / $USDC. Learn more here.
Forking RenBridge
Forking RenBridge just got a whole lot easier. Start building bridges and learn more here.
RenVM Release renLUNA
The $LUNA to $renLUNA bridge went live thanks to our friends at Link Swap. If you want to seamlessly bridge your LUNA to DeFi, you can learn more here.
Ren in DeFi
All the various opportunities for the Ren ecosystem collated for your convenience. As always DYOR and proceed at your own risk.
Mushroom x $renBTC 🍄
Vault products on BSC for $renBTC. Learn more here.
StabilizePro x $renBTC ⚖️
Earn arbitrage interest on deposits of $renBTC. Learn more here.
Harvest Finance x $renBTC 👨🌾
Vault products on Ethereum and BSC for $renBTC. Learn more here.
StakeDAO x $renBTC 🐘
Vault products on Ethereum and BSC for $renBTC. Learn more here.
Beefy Finance x $renBTC 🐄
Vault product via Ellipsis pool on BSC for $renBTC. Check it out here.
Dogen Finance x $renDOGE 🐕
A Dogecoin DeFi vault product. Put your $renDOGE to work, check it out here.
SushiSwap x $renDOGE 🍣
Deposit renDOGE and earn yield. Learn more here.
Open Ocean x $renBTC 🌊
Open Ocean aggregates a cross-chain 3 #BTC liquidity Pool on BSC. Learn more here.
Uphold x $REN ⚙️
Uphold has listed $REN. Learn more here.
Pollen DAO x $REN 🌾
Proposal created to add $REN to the #ropsten DAO. Learn more here.
Nsure Network x Ren 🛡
New insurance product for Ren. With the intent to 1. Lower the premium for RenVM policy with Dynamic Pricing model 2. Increase capacity of RenVM coverage from total Capital Pool. 3. Reduce pricing volatility from increasing demand. Learn more here.
Ren is Hiring 👨👩👧👦
Come join the Ren ecosystem! We’re hiring for:
- Developer Relations
- DevOps Engineer
- Smart Contract Developer
- QA Engineer
Want to have a profound impact on the future of finance? Apply here
Ren Governance is live! 🗳
RIP-005 is our very first initiative that pertains to the Community Ecosystem Fund, so get involved!
Ren Education 🏫
Gemini x RenVM Overview
Alameda x Ren AMA
Darknode Stats & RenVM Bots 🤖
More RenVM and Darknode Bots are now live! If you want to track real-time RenVM stats, this is your happy place.
- Ren Darknode Bot | Twitter
- Large Ren Assets Bot — BSC & ETH| Twitter & Telegram
- All Ren Assets Bot — BSC & ETH | Telegram
The Ren Report💯
Subscribe here: https://therenreport.substack.com/
Daily Multichain Volume Report💯
Subscribe here: https://twitter.com/rendarknodebot
Current RenVM Network Stats | Ethereum & BSC
In early April, RenVM surpassed 4 billion USD in total cross-chain volume, with close to 6 million USD rewarded to network participants.
1st billion: 144 days
2nd billion: 87 days
3rd billion: 44 days
4th billion: 37 days
ETH | Total Volume Transacted (TVT): $4,520,344,619.37
ETH | Total Volume Locked (TVL): $628,368,595.75
BSC | Total Volume Transacted (TVT): $54,273,220.47
BSC | Total Volume Locked (TVL): $30,791,148.80
Darknodes: 1,774
REN Locked: 177,400,000 REN
Network Rewards: $6,849,245.35
*As of April 29th, 9:00 AM EDT | Source https://mainnet.renproject.io/
*More RenVM Statistics can be found here.
Community Member of the Month
We all knew this was coming and it was just a matter of time…the one and only MARKUS 🎉The great gatekeeper of the main chat, and a selfless man if we’ve ever seen one.
A renaissance man and defender of all that is honorable; we couldn’t be more thankful for his dedication and continued service in the name of Ren Keep up the good work sir!
Looking Forward
May 2021 will be a big month for RenVM, with new chains and the Greycore Testnet kicking off. Keep up the great work fRens and stay tuned for more to come.
Onwards and upwards,
— Michael Burgess, COO
About Ren
Ren is an open protocol that enables the movement of value between blockchains.
Website | Docs | Telegram | Announcements | Twitter | Reddit | Github
