Ren ecosystem token that can be used to pay trade fees for orders placed on RenVM. Another function is the payment of bonds to the smart contract that manages Darknodes.
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| Cryptocurrency | |
|---|---|
| Short title | REN |
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| Types of support | Help CenterForumTelegramTwitterReddit |
| Communities | |
| Languages | English |
| Founder | Taiyang Zhang |
| Company owner | Ren |
| Manager | Taiyang Zhang |
| Features of cryptocurrency | Ren protocol cryptocurrency to pay trade fees for orders made on RenVM |
| How many coins | 1000000000 |
| How to get | Buy on the exchange |
| Number of exchange destinations | 149 |
| Crypto exchanges | |
| Purses | |
| Transaction Control | Decentralized funding |
| Growth factors | Continuous development of the ecosystem, Interoperability between different blockchain platforms, Payment of remuneration to miners for internal operations |
| Age restrictions | From 18 years |
| Additional features | Blog, Developer chat, Teaching materials |
| Advantages | Open protocol for interblock liquidity access for all decentralized applications Access to tokens from any blockchain using smart contracts High working speed Ability to integrate into existing infrastructure Multilateral lending Few competitors with similar capabilities |
| Disadvantages | Weak marketing policy Lack of a roadmap for the next year |
| Adjustable | No |
| API | |
| Source code | |
| White Paper | |
| Roadmap | |
| Company requisites | Legal name: Ren Legal address: No information |
| Overall assessment | 4.3/10 |
| Date of update | April 17, 2023 |
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