BTC, BCH and ZEC are on Ethereum now

in cryptocurrency •  8 months ago 

RenVM allows to grab liquidity to Defi from other chains by swapping them to Ethereum Erc20 and burning on exit.

Anyone can now use real Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC) in your favorite DeFi application. This allows you to trade, lend, and leverage these assets as you would with any other ERC20.

You create those using RenBridge app https://bridge.renproject.io/

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Its like WBTC on ETH but using dark pools and liquidity of other chanins.

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Biggest difference here is the ydont use centralized place for those coins, all is in darknodes which are similar to masternodes on EXCL or other coins in the way you take profit but serve a bit different solutions.

REN Top10 Markets

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Of course Binance is the spot i mostly chose.


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very informative

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