RenVM

E216131

RenVM is a decentralized virtual machine protocol that enables cross-chain interoperability by allowing assets to be transferred privately and trustlessly between different blockchains.

All labels observed (4)

Label Occurrences
RenVM canonical 4
Ren Protocol 1
RenVM software 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf blockchain interoperability project
cross-chain interoperability protocol
decentralized virtual machine protocol
privacy-preserving interoperability protocol
aimsTo eliminate centralized custodians in cross-chain transfers
improve privacy of cross-chain transactions
burns wrapped assets to release native assets on origin chains
consensus Byzantine fault tolerant network of Darknodes
designedFor composability with DeFi protocols
interoperability between heterogeneous blockchains
developedBy Ren team
enables cross-chain asset transfers
private asset transfers between blockchains
trustless asset transfers between blockchains
governedBy REN token
hasComponent Darknodes
hasFeature burn-and-release mechanism
interoperable wrapped tokens
lock-and-mint mechanism
mints renBCH
renBTC
linked to: RenVM

renDOGE
renFIL
linked to: REN

renZEC
linked to: Zcash

wrapped representations of native assets on destination chains
networkType permissionless
originatedFrom Ren project
linked to: Ren Project
previousName Republic Protocol virtual machine
provides bridge infrastructure for decentralized finance
securityModel based on a decentralized network of Darknodes
supports Avalanche
Binance Smart Chain
Bitcoin
Bitcoin Cash
Dogecoin
Ethereum
linked to: Ethereum blockchain

Fantom
Filecoin
Polygon
Solana
Terra Classic
Zcash
usedIn cross-chain liquidity provision
cross-chain yield farming
moving Bitcoin liquidity into Ethereum DeFi
uses Darknodes to secure the network
linked to: Darknodes

REN token for bonding by Darknodes

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

REN hasComponent RenVM
Republic Protocol governs RenVM
RenVM mints renBTC
linked to: RenVM
Darknodes partOf Ren Protocol
linked to: RenVM
Darknodes operatesOn RenVM
Darknodes runs RenVM software
linked to: RenVM
REN associatedWith RenVM
subject linked to: REN token