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RenVM (BTC, ZEC and BCH on ethereum) has just passed $1b in mint/burn volume

RenVM (BTC, ZEC and BCH on ethereum) has just passed $1b in mint/burn volume

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by COINS NEWS 6 Views

[RenVM](renproject.io) is a distributed network of nodes that are designed to permissionlessly mint and burn ERC20 tokens that are backed by non-ethereum assets.

The network has just passed $1b in total volume of mints and burns, and is currently the custodian of the second largest amount of bitcoin (26,538 as of this post per btc on ethereum)

This all happened within 6 months of the launch of their mainnet, and is in the process of adding more assets and integrations.

Congratulations to the REN team!

submitted by /u/mitche50
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