The Currency Analytics
By Steven Anderson
REN Core Project is RenVM
REN Liquidity Unchained
The REN Network facilitates an open-source protocol for developing a distributed network of nodes to fulfill orders, without knowing anything about the orders.
Per the Republic Protocol’s whitepaper, the REN token has two functions.
1) Incentivizes node operators to match orders.
2) To pay bonds to the Registrar, allowing traders and nodes to participate in the Republic Dark Pool.
(In simple words Dark pools are private exchanges where institutional investors can anonymously trade with big orders that are not accessible to the public)”
Ren tweeted on: “How does #RenVM bring Bitcoin, BCH, and Zcash to Ethereum?”
Several investors congratulated REN and stated, “This is a real cross-chain, waiting for more crossing asset!”
Loong Wang, CTO of Ren Project, during the Asia Blockchain Review in the past, stated: Ren is an open protocol that enables the permissionless and private transfer of value…
REN (REN) is the cryptocurrency token issued on the Ethereum platform. The circulating supply of REN is 850 Million coins with a max supply of 1 Billion coins.
At the time of writing the news, Ren has been trending at $0.0426 (+5.6%).
Liquidity is unchained in REN. With REN, it is possible to transfer any token between any blockchain.
RENVM facilitates multi-collateral lending, brings cross-chain assets to DEX, and facilitates cross-chain OTC trading. Further, support is planned for more blockchain.
On January 10, 2020, Loon Wang has recently published a blog on: "How RenVM Works."