The DeFi Bridge Integrates RenVM
A permissionless Filecoin bridge to Ethereum is now live
We are excited to announce that The DeFi Bridge has integrated RenVM via RenJS. The DeFi Bridge is a simple dApp (similar to RenBridge) that is built by Codefi, an arm of ConsenSys. The dApp allows individuals to mint and burn assets to and from Ethereum.
The first asset supported is Filecoin (FIL), so now anyone can bring native Filecoin ($FIL) to Ethereum as $renFIL. After months of hard work by all teams involved, the first permissionless Filecoin bridge for DeFi is now live.
Mint & Burn $FIL ← → $renFIL now
Check out this tutorial, for a guide on how to use the DeFi Bridge
Moving Forward
Over the coming months, we’ll continue partnering with ConsenSys Codefi to ensure $renFIL gains adoption throughout DeFi. While Filecoin is the first asset to be supported, we’ll look to bring even more digital assets to The DeFi Bridge in the future, so stay tuned.
Onwards and upwards,
— Michael Burgess, COO
About ConsenSys Codefi
ConsenSys Codefi provides tokenization, trading, and compliance products for the DeFi sector.
About Ren
Ren is an open protocol that enables the permissionless transfer of value between any blockchain.
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