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$renBTC is now available as new collateral

October 22, 2021

First post

GM! 👋

We are very pleased with the positive feedback and huge utility of previously added collateral tokens.
Currently, $SOL and $USDC, which we added previously, constitute 46% of the entire collateral in our app 💰

That's why we decided to add a new token to make even more diversified pools of collaterals and increase TVL.
We hope you will enjoy $renBTC as positively as previous tokens! 😎

What is Ren and renBTC? 🧐

  • Ren‌ ‌is‌ ‌an‌ ‌open‌ ‌protocol‌ ‌that‌ ‌enables‌ ‌the‌ ‌movement‌ ‌of‌ ‌value‌ ‌between‌ ‌blockchains. It provides a direct bridge from native chains to the Solana blockchain.
    As a result, you can use Bitcoin without leaving Solana ecosystem 🔥 ‌
  • renBTC is a token pegged to Bitcoin, created and minted by Ren.
    1 $renBTC is always worth exactly 1 $BTC.
    $renBTC is available in many popular exchanges, for example:
    Binance, Saber, FTX, Raydium or Bancor

If you'd like to know more about Ren, check out their twitter and website.


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