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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renBTC is an ERC-20 token, on Ethereum and linked to Bitcoin. renBTC maintains its value at a level close to the Bitcoin market rate. Also, it is a 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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renBTC

🌉 Bridge exploits account for ~50% of all DeFi exploits, totaling ~$2.5B in lost assets

These hacks can typically be attributed to smart contract loopholes (e.g. Wormhole & Nomad) or compromised private keys (e.g. Ronin & Harmony).

What will it take to create secure bridges?

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This report highlights how challenging it is to build secure and reliable cross-chain bridges. 

With Ren 2.0 we’re ushering in a new era of security for interoperability.

Dive into the details here:

https://t.co/LR7rKpZ6iy

This report highlights how challenging it is to build secure and reliable cross-chain bridges. With Ren 2.