REN token

E216135

REN token is the native cryptocurrency of the Ren protocol, used primarily for staking and securing its decentralized network of Darknodes that enable cross-chain asset transfers.

All labels observed (2)

Label Occurrences
REN token canonical 3
Ren Protocol 1

How this entity was disambiguated

Statements (33)

Predicate Object
instanceOf cryptocurrency ⓘ
utility token ⓘ
associatedWith Darknodes ⓘ
RenVM ⓘ
blockchainPlatform Ethereum ⓘ
linked to: Ethereum blockchain
canBeBridgedTo other blockchains via Ren Protocol ⓘ
category cross-chain infrastructure token ⓘ
interoperability token ⓘ
economicRole deterring malicious behavior via stake slashing risk ⓘ
incentivizing Darknode operators ⓘ
ecosystem DeFi ⓘ
governanceRole voting on protocol changes (where supported) ⓘ
hasMaxSupply 1000000000 REN ⓘ
launchedBy Ren Project ⓘ
nativeTokenOf Ren Protocol ⓘ
linked to: REN token
networkRole security of RenVM ⓘ
previousName Republic Protocol token ⓘ
requiredFor registering a Darknode ⓘ
secures Ren network ⓘ
linked to: REN
securityModel bonded staking ⓘ
supplyType fixed supply ⓘ
supports cross-chain asset transfers ⓘ
symbol REN ⓘ
tokenStandard ERC-20 ⓘ
tradableOn centralized exchanges ⓘ
decentralized exchanges ⓘ
transferableOn Ethereum mainnet ⓘ
linked to: Ethereum blockchain
usedAs collateral for running Darknodes ⓘ
usedFor bonding ⓘ
governance participation ⓘ
securing Darknodes ⓘ
staking ⓘ
utility pays fees to Darknode operators (directly or indirectly) ⓘ

How these facts were elicited

Referenced by (4)

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

Darknodes → requireStake → REN token ⓘ
subject linked to: REN
REN → nativeTokenOf → Ren Protocol ⓘ
subject linked to: REN token
linked to: REN token
Ren ecosystem → hasComponent → REN token ⓘ
Ren ecosystem → governedBy → REN token ⓘ