Attribute | Value |
---|---|
Ticker | REN |
Website | https://renproject.io/ |
Consensus | Add |
Algorithm | Add |
Price | 0.83161 |
Trading Volume | 76582939.86643 |
Market Dominance | 0.0404 |
Market Capitalization | 829260155.16 |
Total Supply | 999999632.80375 |
Max Supply | 1,000,000,000 |
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms. Formerly known as Republic Protocol Ren launched RenVM its virtual machine mainnet in May 2020 having completed a $34 million initial coin offering (ICO) in 2018.The protocol’s native token REN functions as a bond for those running nodes which power RenVM known as Darknodes.Ren aims to expand the interoperability and hence accessibility of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.