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What is RenBridge?

RenBridge enables the effortless wrapping of digital assets across multiple blockchain platforms. Through RenBridge, users can transform Bitcoin (BTC) into an Ethereum-based ERC-20 token called renBTC. This transformation is overseen by RenVM, which acts as a universal intermediary to convert assets into the necessary formats for various blockchains. RenVM securely retains the BTC and subsequently issues renBTC at a 1:1 ratio, ensuring that each renBTC is completely backed by an equivalent amount of BTC. While your assets are managed by RenVM across different blockchains, this provides an additional layer of security throughout the conversion process. It is crucial to recognize that despite the advancements in this technology, security audits are not foolproof and do not eradicate all potential risks. Therefore, it is wise to remain cautious and avoid investing assets that you cannot afford to lose in the event of unexpected issues. Always make well-informed decisions when engaging with this service, and consider the implications of your transactions carefully.

What is Interlay?

Interact with Bitcoin through multiple blockchains by investing, earning, and transacting with BTC in a radically open and well-insured ecosystem. interBTC captures the true spirit of decentralized finance and the freedom inherent in Bitcoin, providing a fully collateralized asset that is consistently backed 1:1 by Bitcoin, thus ensuring interoperability and immunity to censorship. Tailored for cypherpunks, degens, and Bitcoin maximalists, it serves the needs of holders, traders, and yield farmers, making Bitcoin accessible for everyone, everywhere. Store your BTC in a Vault of your preference or take control by managing your own, with the peace of mind that your assets are perpetually protected and insured via Vault collateral. Unlock your Bitcoin's full potential by leveraging interBTC for lending, yield farming, and various other opportunities across any blockchain. Operated as a parachain on Polkadot, interBTC connects effortlessly with networks such as Ethereum, Cosmos, and Kusama, utilizing Polkadot’s advanced technology for improved connectivity. We firmly uphold the values of decentralization and transparency, functioning entirely remotely while ensuring our code is open source; we take pride in our product and our mission. As we push forward with innovations, our dedication to the principles of the Bitcoin community and its core values remains unwavering, reflecting our commitment to fostering a robust ecosystem. Our journey is just beginning, and we are excited about the future possibilities that lie ahead.

Media

Media

Integrations Supported

Bitcoin
Ethereum
Arbitrum
Avalanche
BNB Smart Chain (BSC)
MetaMask
Polygon
Ren
Solana

Integrations Supported

Bitcoin
Ethereum
Cosmos
Dwellir
Kusama
Polkadot
Telegram

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

RenBridge

Company Website

bridge.renproject.io/welcome

Company Facts

Organization Name

Interlay

Date Founded

2020

Company Location

United States

Company Website

interlay.io

Categories and Features

Cross Chain Bridges

Not specified

Categories and Features

Cross Chain Bridges

Not specified

Yield Farms

Not specified

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