Ren Ecosystem Update
February 2021
Welcome to the February Ren Ecosystem Update! RenVM’s second month in 2021 continues to bring profound advancement for the ecosystem, along with over 2.8 billion in total volume to date.
So without further ado, let’s dive in.
RenBridge 2
We’ve released RenBridge 2! A new and improved version of RenBridge that has improved UX features, along with the support of Binance Smart Chain. Give it a try and learn more here.
Support of Binance Smart Chain
With the advent of RenBridge 2, Binance Smart Chain is now supported by RenVM! A whole new DeFi ecosystem now has access to RenVM’s interoperability, so give it a try here and learn more about how to utilize your assets on BSC here.
Linkswap Integrates RenVM
With this RenVM integration, Linkswap users can now easily convert, trade, and earn fees by providing liquidity with native Dogecoin ($DOGE) along with support for Bitcoin ($BTC), Bitcoin Cash ($BCH), and ZCash ($ZEC) coming soon. Learn more here.
Ren x Alameda
We’re excited to announce that in February the Ren team joined Alameda. Together with our collective experience, expertise, and communities, our two teams will be able to contribute more value to the blockchain space than ever before. Learn more here.
Ren in DeFi
Ren x mStable 🧮
$renBTC| mStable’s mBTC, unites various Bitcoin-pegged ERC20 tokens.The mBTC token can be minted with wBTC, renBTC, and sBTC, and you can redeem it for those three Bitcoin tokens. Learn more here.
Ren x Synthetix ⚖️
$renBTC| Synthetix users can now borrow sUSD, sETH, or sBTC, with their $renBTC. Learn more here.
Ren X PancakeSwap 🥞
$renBTC, $renZEC, $renDOGE | With the addition of Binance Smart Chain, PancakeSwap users can trade, supply liquidity, and earn yield with Ren-based assets on BSC! Learn more here.
Ren x Suterusu ⛓
$renBTC | Suterusu allows renBTC holders to protect their addresses via the Suter Shield. Learn more here.
Ren x Enzyme Finance 🧬
$REN | sREN and iREN have been added to Enzyme Finance. Learn more here.
Ren x Zerion 🏛
$renDOGE | Zerion users can now buy and sell $renDOGE on their platform. Learn more here.
Ren x FTX 🔮
$REN | FTX has listed REN spot and futures. Learn more here.
New RenVM Bots 🤖
Two new RenVM Bots are now live and a big thanks to our Ren Ambassador, Jamlog, for creating them! Track any large (over 100K USD) RenVM TX on either ETH or BSC via Telegram 👇
Track any RenVM TX on either ETH or BSC via Telegram 👇
Ren Ecosystem Advocating 🗳
With governance taking center stage and informing DeFi’s pathway forward, community advocates for RenVM and Ren-based assets have never been more important. If you want to help RenVM gain adoption, here are a few pending discussions to get involved in.
- BSC — CREAM Finance| Add $renBTC proposal
- BSC — Venus | Add $renBTC proposal
- ETH — Aave | $renFIL proposal
- ETH — Aave | $renDOGE proposal
- ETH — SushiSwap | Onsen rewards $renFIL & $renBTC pools proposal
- ETH — MakerDAO | $renDOGE proposal
Community Built Websites
As you know, the Ren Community is one of the best in the land, and this couldn’t be more apparent with the release of two new community-built websites! A big thanks to the mysterious Dark Noah for Darknodes.io and our very own Ren ambassador Cpt.Rektbeard for Cryptobridge.io!
#RenExplained Campaign
#RenExplained is a great community effort that was recently released to educate the larger public on what RenVM is and how it can benefit the space. For more infographics, follow $hilliam $hakespeare & DeFi Frog on Twitter. Learn more here.
Community renDOGE Meme Competition
Run by our very own DeFi Frog, the competition will be live for 1 month starting on Friday, January 29th ending on February 26th. All memes will be reviewed by the willing contest donors as a panel. Your Twitter account must have been created before January 19th. You will need to have at least 10 followers and 10 tweets in the past year to qualify.
Learn more here.
Ren in the News
Current RenVM Network Stats | Ethereum & Binance Smart Chain
ETH | Total Volume Transacted (TVT): $2,930,346,268.41
ETH | Total Volume Locked (TVL): $852,771,758.37
BSC | Total Volume Transacted (TVT): $1,856,768.98
BSC | Total Volume Locked (TVL): $69,243.37
Darknodes: 1775
REN Locked: 177,500,000 REN | 17.75% REN BONDED
*As of February 23rd, 12:30 PM EST
Source https://mainnet.renproject.io/
More RenVM Statistics can be found below
Community Member of the Month
Jamlog | One of the stealthiest Ren Ambassadors out there but consistently creating some of the highest impact products the Ren Community has seen! He just released the new RenVM Mint/Burn Bots, along with helping create the Ren Explainer video!
Goes without saying but Jamlog is a class act, and we couldn’t be more thankful for his dedication and continued service in the name of Ren!
Looking Forward
2021 is shaping up to be a good year, along with the Ren community growing in strength every day. 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
