Ren Ecosystem Update

August 2020

Ren Community
Ren Protocol
Published in
4 min readAug 20, 2020

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Welcome to the fourth Ren Ecosystem Update. With RenVM having a successful third month 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, milestones, new blockchain additions, and more!

So without further ado, we have a few areas to cover.

RenVM Multichain

If you want your blockchain to be supported by RenVM, check out our Multichain blog which gives you all the info needed to begin the process!

https://medium.com/renproject/the-multichain-53e5f925ac2e

Current RenVM Network Stats

*As of August 20th, 11:00 AM EST

Total Volume Transacted (TVT): $327,093,617.47
Total Volume Locked (TVL): $101,454,723.24
Darknodes: 1103
REN Locked: 110,300,000 REN

*Source https://mainnet.renproject.io/

Ren in DeFi

MakerDAO x Ren
$REN is under consideration to be added as a collateral type in the MakerDAO Ecosystem. If you hold MKR, go cast a vote here.

Bancor x Ren
REN pool is now live on Bancor V2! Check it out here.

Crypto.com x Ren
REN is now listed on Crypto.com app. Check it out here.

Atomic Wallet x Ren
REN is now available in Atomic Wallet. Check it out here.

Loopring x Ren
ETH/renBTC pair on Loopring. Check it out here

My Ether Wallet x Ren
You can now use MEW on RenBridge. Check it out here.

DeFi Stats | Places to track RenVM and $renBTC

New
Dune Analytics | RenVM Dashboard: https://tinyurl.com/yykn6mbt
Dune Analytics | RenBTC: https://tinyurl.com/y2ez56r8
Token Terminal: https://beta.tokenterminal.com/

Current
DeBank: https://debank.com/ranking/btc
Dune Analytics: https://explore.duneanalytics.com/queries/6283#12482
Google Studio: https://tinyurl.com/yybrpdkf
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
CoinGecko: https://www.coingecko.com/en/coins/renbtc

A big thanks to all the teams that have helped track RenVM’s progress!

New Ren Alliance Members

Ren in the News

All the noteworthy news featured in one place.

Decrypt | Another Bitcoin on Ethereum DeFi token is taking off
Coindesk | Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises
Yahoo Finance | Nearly $100M in Bitcoin Moved to Ethereum in July
POV Crypto Podcast| BTC on Ethereum with RenVM with Loong Wang
Decrypt | MyEtherWallet adds support for DeFi protocols Ren and Aave
Cointelegraph | MyEtherWallet Latest Integration on Aave and Ren
Brave New Coin | MyEtherWallet has launched new integrations with DeFi platforms Ren and Aave

Miscellaneous Mentions

DeFi Rate | More WBTC Minted than BTC Mined
Altcoin Buzz | Ren Protocol Hits 10,000 BTC Transactions
Radix to use RenVM | Decentralized Wrapping to the Radix DeFi Ecosystem.
BTC Manager | Ren to Wrap DigiByte’s DGB on Ethereum

Community Member of the Month

$hilliam $hakespeare | The Meme LORD himself, pumping out some of the hottest Ren memes the world has seen. As we all know his role in our community is a crucial one, and we couldn’t be more thankful for the masterpieces that he creates… so go check them out and tip the man! Keep up the good work sir.

Looking Forward

As RenVM’s usage grows, so too will its impact on the DeFi Ecosystem and we plan to 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.

Website | Docs | Telegram | Announcements | Twitter | Reddit | Github

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