Ren Ecosystem Update
March 2021
Welcome to the March Ren Ecosystem Update! RenVM continues to make strides in its overall progress and cross-chain expansion, along with over 3.7 billion in total volume to date. So without further ado, let’s dive in.
RenVM Greycore Update
Without a doubt, the next biggest step for RenVM is the introduction of the Greycore. The Ren team released an updated status on the progress and roadmap here.
1Inch x Ren x Binance Smart Chain
In partnership with 1Inch, $renBTC yield farming on Binance Smart Chain has begun, along with the addition of $renBTC, $renBCH , $renDGB, $renDOGE, and $renZEC liquidity pools on BSC! Learn more here.
Ren x LinkSwap | More Bridges & DigiByte Support
Linkswap has integrated even more RenVM bridges 🌉 Users can now bring $BTC, $BCH, $ZEC, $DOGE, $DGB, and $FIL to Ethereum via Linkswap.app.
Further, in partnership with Linkswap and the DigiByte Community, we welcomed DigiByte (DGB) to DeFi! Learn more about the yield farming initiative and how to convert your $DGB to $renDGB here.
3 Billion in Total Volume
Towards the end of February, RenVM surpassed 3 billion USD in total volume, along with over $5,500,000 USD paid out to node holders since inception.
1st billion: 4 months
2nd billion: 2.5 months
3rd billion: 45 days
Ren in DeFi
Unit Protocol x Ren ⚖️
Unit protocol now supports $renBTC, $renDOGE, $renZEC, and $renFIL as collateral. You can use these assets to mint $USDP. Learn more here.
88MPH x Ren 🏎
$renBTC was added to 88MPH Fixed-Interest Pool, along with the CRV:RENWBTC LP token. Learn more here.
Perp Protocol x Ren ⏳
$REN is now tradable on Perpetual Finance. Learn more here.
C.R.E.A.M x Ren ⛓
Thanks to C.R.E.A.M Finance, the public can now supply and borrow $renBTC and $renZEC on Binance Smart Chain. Learn more here.
Plasma Finance x Ren 🔋
$REN is now tradable on the Plasma Finance platform. Learn more here.
Shadows Network x Ren ⚗️
$renBTC has been added as collateral for Shadows Network Synthetics. Learn more here.
Popsicle Finance x Ren 🍦
If you run a Darknode, you are eligible for a $ICE Airdrop. Learn more here.
Ellipsis x Ren 🔮
The two teams will be collaborating on bringing $renBTC to BSC. Learn more here.
Secret Network x Ren 🗃
Secret Network has added support for $renBTC to $REN. Learn more here.
Ren is Hiring 👨👩👧👦
Come join the Ren ecosystem! We’re hiring for:
- Developer Relations
- DevOps Engineer
- Smart Contract Developer
- Back-End Developer
- Front-End Developer
- QA Engineer
Want to have a profound impact on the future of finance? Apply here
Darknode & 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
Ren in the News 📰
- Bankless | Ren’s Trillion-Dollar Opportunity
- MakerDAO | What Are Blockchain Bridges, and Why are they Important for DeFi?
- Cryptotesters | BTC in DeFi
- Cointelegraph | Polkadot Integrations
- CoinBureau | DeFi Tokens
Current RenVM Network Stats | Ethereum & Binance Smart Chain
ETH | Total Volume Transacted (TVT): $3,723,307,420.81
ETH | Total Volume Locked (TVL): $671,846,063.33
BSC | Total Volume Transacted (TVT): $2,984,398.35
BSC | Total Volume Locked (TVL): $725,707.70
Darknodes: 1,769
REN Locked: 176,900,000
*As of March 26th, 11:30 AM EDT | Source https://mainnet.renproject.io/
More RenVM Statistics can be found here.
Community Member of the Month
Jon T | One of the longest standing and most involved Ren Ambassadors out there... A true man of the people! Goes without saying but his dedication is unmatched as he’s driven the Ren ecosystem forward in a variety of ways.
We couldn’t be more thankful for having Jon as an original Ren community member, and we wouldn't be where we are without him! Keep up the good work sir.
Looking Forward
2021 is now in full swing with RenVM’s manifest destiny becoming ever clearer. New Chains and new integrations are on the horizon, so spring 2021 will be an exciting one.
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
