The Ren development team is joining Alameda and the wider ecosystem.

Today, we’re excited to announce that the Ren development team will be joining Alameda. Together, with our collective experience, expertise, and communities, our two teams will be able to contribute more value to the blockchain space than alone. In this blog, Loong and I want to share what this means concretely for the different projects involved, and why we are excited to be working with Sam Bankman-Fried (Founder and CEO of FTX and Alameda Research) and the team at Alameda moving forward.

As part of joining Alameda, the Ren development team will be prioritising support for Solana in our Multichain…


Privacy is well understood to be a problem in the blockchain ecosystem, where, by default, everything is available on-chain for all the world to see. Many different projects are attempting to address this problem, using a wide variety of techniques. But, I would like to focus on one particular approach: Secure Enclave hardware. More specifically, Project Asylo, an open and flexible framework from Google for building portable applications that run on Secure Enclave hardware.

What Is Secure Enclave Hardware?

Before we dive into things, it is helpful to understand a little bit about Secure Enclave hardware. I will not aim to cover everything in detail…


Permissionlessly Leverage or Yield Farm with Bitcoin

In partnership with UMA, we are introducing a BTC backed Yield Dollar (uUSD), along with a joint liquidity mining reward program.

What is uUSD from UMA?

uUSD is a “yield dollar.” The yield dollar model is described here and the first iteration UMA pursued was based on ETH, which resulted in over 10mm in minted yUSD. In partnership with UMA, we will be pursuing the same concept but with renBTC.

This is particularly valuable for the space because it is now possible to leverage Bitcoin permissionlessly on the Ethereum network. Traders can purchase renBTC, lock it as collateral with UMA, and mint uUSD tokens. …


The Ren and Loopring teams are excited to announce that the renBTC asset is now listed on Loopring.io, Ethereum’s zkRollup Exchange, trading against USDT.

Further, this renBTC-USDT pair is being launched with a liquidity mining incentive campaign! Traders adding liquidity to this pair’s orderbook (placing resting limit orders) will automatically be eligible to receive their share of $2K USD in renBTC rewards. Rewards are payable according to spread tightness, order depth, and order balance. Traders will accrue these rewards every hour for 30 days, and can see a dashboard expressing all their earnings in real-time. …


In partnership with Synthetix and Curve Finance, we are introducing a new incentivized liquidity pool for farming CRV, BAL, SNX, and REN.

https://www.curve.fi/sbtc

This pool consists of three BTC ERC20 variants; renBTC, WBTC, sBTC. Our goal is to create the most liquid Ethereum based BTC pool available to offer traders access to the lowest slippage for trades between sBTC, renBTC, and WBTC.

How it Works | Welcome to Yield Farming

In addition to the normal yield produced by Curve Pool’s trading fees, this pool includes an attractive basket of tokens for liquidity providers:

  • SNX
  • REN
  • CRV
  • BAL

To capture all of the incentives available, liquidity providers will need…


We are excited to announce the first native RenVM integration with Curve Finance!

https://www.curve.fi/ren

  1. With Curve integrating RenVM via RenJS anyone can now use native BTC in Curve Finance, allowing the public to deposit and start earning trading fees on BTC immediately.
  2. This integration also facilitates the seamless movement between BTC and WBTC, creating the first low-slippage on and off ramp for WBTC that does not require any sign-ups! You simply send in BTC and get WBTC in return.
  3. Further, this provides an important foundation for advancing DeFi’s utility in other ways. The renBTC <> WBTC pool opens the door…

After years of work we are finally here. RenVM Mainnet is live! This marks the beginning of a cross-chain era for DeFi and we couldn’t be more excited for its impact on the digital asset ecosystem.

For those who are unfamiliar, RenVM brings interoperability to DeFi. In simple terms, RenVM is an sMPC based decentralized custodian that fluidly mints and burns digital assets 1:1 on Ethereum as ERC20s. This means you can now use real BTC, BCH, and ZEC in any DeFi app. …


We are excited to finally announce the Ren Alliance!

The Ren Alliance is a consortium of DeFi companies and/or projects that are helping secure, develop, and utilize RenVM. As you know, bringing cross-chain assets to Ethereum will expand the utility of DeFi by introducing larger collateral types into the ecosystem. By joining the Ren Alliance, you are bolstering this utility by ensuring RenVM is a robust and permissionless tool for all of DeFi.

Foundational Roles | Three Facets of the Ren Alliance

1) Utility | Integrating RenVM or adding renBTC, renZEC, etc.
The premise is simple, if you’d like to bring cross-chain assets to your DeFi app then this area…


We’re introducing KeeperDAO, an on-chain liquidity underwriter for decentralized finance, built on top of the Ethereum blockchain.

Intro

Decentralized finance (“DeFi”) has grown significantly over the last year with over $400m USD equivalent of Ether locked in smart contracts, facilitating the creation of non-custodial borrow/lend markets, margin trading exchanges and other financial applications on top of Ethereum. The purpose of this collateral is to provide users with the ability to employ leverage while margin trading (e.g. dYdX, DDEX) and borrow/lend crypto in a risk-minimized fashion (e.g. dYdX, Compound, MakerDAO). …


Interoperability For DeFi Has Arrived

TL;DR
Chaosnet is live and ready for everyone to use. Decentralized cross-chain interoperability for Ethereum, Bitcoin, Bitcoin Cash, and ZCash is here.

1. Understand the risks involved in Chaosnet because it is an unaudited pre-production environment.
2. Provide liquidity and swap cross-chain pairs on ChaosDEX: https://chaosdex.renproject.io/
3. Run a Chaosnet Darknode and earn rewards: https://chaos.renproject.io/

What is RenVM Chaosnet?

Decentralized cross-chain interoperability for DeFi has finally arrived! Today, we announce the release of RenVM Chaosnet, an unaudited and unrefined version of RenVM deployed to the Ethereum, Bitcoin, Bitcoin Cash, and ZCash Mainnet.

For the uninitiated, RenVM itself is a virtual machine that replicates itself…

Taiyang Zhang

Systems

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