REN (Cryptocurrency:RENUSD) News

nice...I'm thankful for my .08s

Been loading in the .07 range.....along with many other beaten up crypto's.

Time for another big crypto run soon....JMHO.

Weeeeeeeeeeeeeeeeee

added more @ .1127

Just grabbed a bunch of REN @.135 The future begins now!!

.59 eom

Picked up a bunch at .555....looking to add if it dips more.eom

VarenX Integrates RenVM
The First Multi-chain Swapping dApp Powered by RenVM
Ren Community
6 hours ago·2 min read

We are excited to announce the very first multi-chain swapping dApp powered by RenVM! Varen X is a cross-chain decentralized exchange (DEX) interface that has been in development for over a year.

This integration is the ultimate vision for RenVM — composable cross-chain DeFi. It uses every aspect of DeFi out there; UI from SushiSwap, liquidity aggregation from 1inch’s routing API, and last but not least bridging technology and composability from RenVM (RenJS).

It is the ideal integration for RenVM, creating high-velocity movement of assets with a seamless cross-chain user experience. We are thrilled to see this product come to market in collaboration with the Varen Finance team.

Varen X supports all RenVM assets, so users can now trade native Bitcoin (BTC), Bitcoin Cash (BCH), DigitByte (DGB), Dogecoin (DOGE), Filecoin (FIL), Luna (LUNA), and Zcash (ZEC) for any other asset within the Ethereum ecosystem (ERC-20s).

With VarenX, swaps like BTC to DOGE are now possible through a simple one-click mint-swap-burn, all in a single transaction. To learn more about Varen X, how it works, and more — check out the Varen Finance Blog here.

Looking Forward | A Ren Labs & Varen Collaboration

In addition to Varen X, VarenX v2 may integrate host-to-host as well, to support swaps from popular lower-cost EVM compatible chains.

Ren Labs and Varen Finance also have some exciting things in store for the ecosystem and will be working more closely together on future products. A blog outlining this collaboration will be out soon, so stay tuned for more to come!

In summary, we couldn’t be more excited for the first cross-chain DEX to go live, as it’s a culmination of DeFi’s true potential and the hard work of many teams. This is a milestone for interoperability and it will only improve and start to mature over the coming years.

Onwards and upwards,
— Ren Community

https://medium.com/renproject/varenx-integrates-renvm-972525e0af1f

Out at .73....funky market. Eom

Bought a load just below .60 the other day. Thanks. eom

Come back to me .70 for a reload. eom

Hit .98....took some profits. Eom

.87 :)

.81 eom

In quite a few at .70 again. eom

Nice start to recovery:

$REN $$

Congrats $

Out more REN at $1.27....made lots off this. Eom

$REN @ $1.22 looking good $$

3 reasons why REN price is up 340% from its July swing low
JORDAN FINNESETH
SEP 16, 2021

A cross-chain bridge to Arbitrum, protocol upgrades and a steady surge in network activity back REN’s 340% rebound off its July 20 swing low.

Interoperability has become one of the driving themes within the crypto market and as the blockchain ecosystem evolves into an interconnected web of layer-one protocols, the importance of communication and efficiency among decentralized applications (dApps) will also increase.

Ren (REN), a blockchain protocol designed to provide interoperability and liquidity between different blockchain platforms, has started gaining traction over the past month and a half as activity in the decentralized finance (DeFi) sector has been on the rise.

Data from Cointelegraph Markets Pro and TradingView shows that after reaching a low of $00.41 on Aug. 9, the price of REN has climbed 185% to a daily high at $1.16 on Sept. 15 as its 24-hour trading volume spiked 443% to $673 million.

Three reasons for the price growth seen in REN include the steadily increasing activity and total value locked on RenVM, the launch of a bridge to Arbitrum and the release of RenVM Greycore on the network's testnet.

Rising volume and total value locked

REN's bullish momentum can be found in the data for the total network volume and total value locked (TVL).

As 2021 progressed, new chains were added to the list of bridges supported, which now includes Ethereum, Binance Smart Chain, Solana, Polygon, Fantom, Avalanche and Arbitrum.

Each new bridge has helped to increase the volume and TVL on the Ren network, which has coincided with moves seen in REN p.

REN price follows the Bridge to Arbitrum

The spike in price seen on Sept. 15 was due, in large part, to the release of the Arbitrum bridge, an Ethereum (ETH) layer-two scaling solution Arbitrum, which is designed to host popular decentralized applications in a fast, low-fee environment.

The Ethereum network has been plagued by high fees and delayed transaction times, which have hampered the ability of many users to use DeFi or nonfungible token (NFT) related protocols on the network.

Arbitrum’s low-cost environment has proven to be an attractive DeFi environment for BTC holders who are now able to migrate to the layer-two solution and interact on the network with renBTC.

The total value locked on Arbitrum via the Ren protocol was $7.75 million as of Sept. 15 and is represented by the green line in the value locked chart above.

REN marches toward decentralization

A third reason behind the increase in activity for REN was the release of RenVM Greycore on the network’s testnet on Sept. 13, a move that was done as the project works toward its goal of full decentralization.

Greycore is a semi-decentralized validator set of nodes that are operated by reputable DeFi projects and it helps to add an additional layer of protection for the protocol.

The first project to join Greycore was BadgerDAO, a DeFi project focused on building projects that bring BTC to DeFi.

According to data from Cointelegraph Markets Pro, market conditions for REN have been favorable for some time.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

https://cointelegraph.com/news/3-reasons-why-ren-price-is-up-340-from-its-july-swing-low

Sold some at $1.13 eom

$REN up she goes $$

Renderful. Looking for a $1 plus. Taking a bit off here though at .83ish.

EZ

$REN looking good $$

Boomity boom. Back up she goes $REN $$

$REN $REN back it up and do it again - $1 plus $$

$REN onward and upward $$

$REN moving back up $$

$REN for the win $$

Back in around .51 eom

REN Protocol: Achieving the Impossible..
Interview with CTO Loong Wang

Beast Mode for the Knights of REN!...

Out rest at .60 eom

Thanks.

It’s working so far. Might as well keep doing what works.

It's a nice flipper so far....it's too bad everything is pegged to
Bitcoin.

I will play it this way until things change.

Back and fresh. Killing it on $REN

I took a long, long vacation to get back in the game. Feels good again.

You should change your name from easytradin to easymoney

.56 :)

Now .50... moving slowly, though.. taking half off the table here.

Market is weird.

Back in at .42...will add if it dips anymore.eom

Good trade $$

Took my profits at .57....will look at it again as long as Bitcoin stays
above 30,000.

Interesting:

https://fortune.com/2021/05/26/tesla-investors-bitcoin-elon-musk-tweets-carbon-footprint-gains-losses/

Sweet move. :)

$REN ten ten back it up and do it again $1 plus

.50 now...my new favorite, Lol.

Hit .45 cool deal. eom

Good deal. I bought $REN again @ $33