I want to talk about the partnership between Radix and Ren Protocol.

• What is the Ren Protocol?
• What are the features of the Ren protocol?
• What will Ren bring to the Radix ecosystem?

Let’s examine this partnership by answering these key questions.

Ren is an open protocol built to provide interoperability and liquidity between different blockchain platforms. Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains. It has native token called as Ren Protocol (REN).

Here we see good things. Let’s say I have bitcoin and want to buy one of the ethereum tokens. I have the opportunity to effortlessly swap a different coin with a different blockchain. More broadly, users can in essence swap any token between any two blockchains without middle steps such as using so-called “wrapped” versions of tokens, for example Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH). As a plug-in, it allows DeFi projects to bring foreign cryptocurrency assets such as Bitcoin (BTC) and Zcash (ZEC) to their offerings. RenVM is a network of virtual computers making up a virtual machine. The machines powering the network which makes up RenVM are called Darknodes.

Both companies aim to overcome barriers for the growth of the defi ecosystem. By integrating RenVM, the Ren Protocol helps Radix move one step closer to enabling seamless bridges between the Ethereum, and Radix DeFi ecosystems. Radix has developed the technologies it has been working on for years.

Before finishing my sentences about this partnership, let’s look at the words of Piers Ridyard, CEO of Radix.
‘’We are thrilled to be starting the work of integrating RenVM into the Radix public network, providing another low-friction bridge into the Radix ecosystem. Today, there are over $250Bn of crypto assets, with most of them locked out of DeFi. Ren’s innovations allow us to start unlocking that value, while retaining the trustless and permissionless nature of the underlying assets. We’re very pleased to be working with them to bring these assets to the Radix ecosystem as well.” -Piers Ridyard, CEO, Radix DLT.

Meanwhile, the Token sale will continue until 22.10.2020.
For those who want to take advantage of this privilege, I leave the Token sale link below. You will also find Other links related to Radix

Public Sale Link: https://tokens.radixdlt.com/

Official website: https://www.radixdlt.com/

Radix Official Twitter: https://twitter.com/radixdlt

Radix DLT Official Telegram: https://t.me/radix_dlt

Radix Whitepapers: https://www.radixdlt.com/#white_papers

Radix Blog: https://www.radixdlt.com/blog/