$renBTC is now available as new collateral
October 22, 2021

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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