Ren Price (REN)
Ren Price (REN)
Ren was founded in Dec of 2017 by Taiyang Zhang. It is an open protocol that enables the permissionless transfer of value between any blockchain. Ren is also known as Republic Protocol, Ren Project and Ren Protocol but it's legal name is Republic Ren. Headquarters of Ren is in Singapore, Central Region, Singapore. Ren (REN) is one of the first DeFi products to bring cross-chain assets to the Ethereum ecosystem. The first indications are cross-chain functionalities Bitcoin (BCom), Bitcoin Cash (BCHH), and Zakshe (Z Council). By removing liquidity silos that limit DeFi use cases, RenVM hopes to serve as a disallowance tool that can be used by the wider DeFi ecosystem.
Ren Price INR History
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Ren Price History and Analysis
Ren Price in India (REN Price in INR)
The Ren smart contract can be seen on Etherscan, which shows there are 1.4121 ren BTC live on the Ethereummainnet. In 2018 Ren raised an initial coin to US$34 Million. A major investment came from Polykin Capital, a leading crypto VC firm that was an early member of the Ren Alliance and is securing the Rain DeFi token network.
Ren price in India (REN to INR) in Feb 2018
In Feb 2018 the Market Cap of Ren was ₹1.66209674e9 and the highest price of the year ₹146,251,913 and Volume of ₹146,215,913.
Ren price in India (REN to INR) in Dec 2018
In Dec 2018 the Market Cap of Ren was less than Market Cap of Feb 2018 that is ₹978,829,527 with Price of ₹1.5476 and Volume of ₹107,896,961.
Ren Token price in India (REN to INR) in Jan 2019
In Jan 2019 the Market Cap of Ren was ₹176,053,511 and Price of ₹1.2202 and volume of ₹22,574,322.
Ren Token price in India (REN to INR) in Dec 2019
In Dec 2019 the Market Cap of Ren was ₹1.9974892e9 and Price of ₹2.4256 which was highest at the end of the year 2019. In Dec 2019 the Volume was ₹155,713,212
Ren Coin price in India (REN to INR) in Jan 2020
In January 2020 the Market Cap of Ren was increased and was ₹2.38930969e9 with Price of ₹2.8943 and Volume of ₹188,247,328
Ren Token price in India (REN to INR) in Aug 2020
In Aug 2020 the Market price and Volume of Ren was ₹3.16283978e10 and ₹8.81185218e9 respectively with Price of ₹35.833
It uses multi-party computation (sMPC) to match orders without exposing the price or the volume of the orders.
RenVM brings interoperability to DeFi.
It comes in the form of an SDK (software development kit).
Ren (formerly the Republic Protocol) describes itself as a private and inter-liquid liquidity layer.
RenVM allows users to create Token Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC) as ERC-20s for use on the Ethereum ecosystem.