REN is a premium and payment token of the ecosystem, which is aimed at improving the compatibility and confidentiality of the blockchain system. Secure financial applications can also be created on it. REN provides liquidity between different decentralized applications so that they benefit each other and users. REN can also be used as a protocol for "wrapping" tokens.

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RenVM Fee Upgrade

RenVM will undergo an upgrade in the coming hours. If you are minting/burning assets via RenVM it may take longer than usual. 

The upgrade allows storing fees inside RenVM rather than on host chains (e.g. Ethereum), ultimately increasing Darknode rewards. 

Thank you for your patience, no action is necessary.

RenVM Fee Upgrade. RenVM will undergo an upgrade in the coming hours.