Ren now supports direct bridging to Moonbeam, enabling cross-chain asset interoperability

Project Trends
2023-07-13 18:12:23
Collection
Ren now supports directly bridging various assets (such as $BTC, $ETH, and $USDC) to Moonbeam.

Author: Ren

Compiled by: ChainCatcher

Bridging $BTC and directly traveling back and forth to Moonbeam

We are excited to announce that Ren now supports direct bridging to Moonbeam for every asset supported by Ren (such as $BTC, $ETH, and $USDC)!

Start bridging here: https://bridge.renproject.io

Moonbeam is an Ethereum-compatible smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. It is a parachain on Polkadot and a highly specialized Layer 1 chain that reflects Ethereum's Web3 RPC, accounts, keys, subscriptions, logs, etc., and extends Ethereum's core functionality set with additional features such as on-chain governance, staking, and cross-chain integration. By integrating functionalities from Ethereum, Cosmos, Polkadot, and more into one platform, Moonbeam addresses today's fragmented user experience—unlocking true interoperability and paving the way for the next generation of applications. With Ren's support, you can now directly connect BTC, DOGE, ZEC, and tokens and assets from over 10 other smart contract chains supported by Ren to Moonbeam.

Third-party developers can now build cross-chain dApps on Moonbeam using the RenJS SDK.

https://renproject.github.io/ren-client-docs/ren-js

Verify the token contracts on this page by selecting "Moonbeam" from the dropdown menu in the "Gateway Contracts" section: https://renproject.github.io/ren-client-docs/contracts/deployments

We are thrilled that Moonbeam is integrating with the Ren ecosystem as it connects the Polkadot ecosystem to the large network of ecosystems already supported by Ren, opening a major asset channel across the entire crypto ecosystem. It already includes major DeFi protocols like Curve and SushiSwap, as well as Moonbeam native projects, all of which are suitable for integration with the Ren ecosystem and increasing liquidity. The Moonbeam integration is another key step in connecting all blockchains with Ren, ultimately allowing liquidity to flow throughout the crypto ecosystem.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators