renBCH

E773511

renBCH is a tokenized representation of Bitcoin Cash on the Ethereum network, created by RenVM to enable cross-chain liquidity and DeFi use cases.

All labels observed (2)

Label Occurrences
Ren-wrapped Bitcoin Cash 1
renBCH canonical 1

How this entity was disambiguated

Statements (36)

Predicate Object
instanceOf ERC-20 token ⓘ
tokenized crypto asset ⓘ
wrapped Bitcoin Cash token ⓘ
assetType crypto token ⓘ
backedBy locked BCH on Bitcoin Cash network ⓘ
basedOn Bitcoin Cash ⓘ
bridgeMechanism RenVM darknodes ⓘ
linked to: Darknodes
category cross-chain asset ⓘ
wrapped token ⓘ
chainType Ethereum mainnet ⓘ
linked to: Ethereum blockchain
createdBy RenVM ⓘ
custodyModel decentralized custody via RenVM ⓘ
ecosystem Ethereum DeFi ecosystem ⓘ
Ren ecosystem ⓘ
enables DeFi use cases ⓘ
cross-chain liquidity ⓘ
issuerProtocol RenVM ⓘ
mintingProcess lock BCH on Bitcoin Cash chain and mint renBCH on Ethereum ⓘ
network Ethereum ⓘ
linked to: Ethereum blockchain
peggedTo BCH 1:1 (intended) ⓘ
primaryFunction bring BCH liquidity to Ethereum ⓘ
redeemableFor Bitcoin Cash (BCH) ⓘ
linked to: Bitcoin Cash
redemptionProcess burn renBCH on Ethereum and release BCH on Bitcoin Cash chain ⓘ
riskFactors RenVM protocol risk ⓘ
bridge smart contract risk ⓘ
peg stability risk ⓘ
securityModel RenVM network of darknodes ⓘ
standard ERC-20 ⓘ
supports permissionless minting and burning (via RenVM) ⓘ
symbolRepresents Ren-wrapped Bitcoin Cash ⓘ
linked to: renBCH
underlyingAsset Bitcoin Cash (BCH) ⓘ
linked to: Bitcoin Cash
useCase DeFi trading ⓘ
lending and borrowing ⓘ
liquidity provision ⓘ
yield farming ⓘ
wrappedFromChain Bitcoin Cash mainnet ⓘ
linked to: Bitcoin Cash

How these facts were elicited

Referenced by (2)

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

RenVM → mints → renBCH ⓘ
renBCH → symbolRepresents → Ren-wrapped Bitcoin Cash ⓘ
linked to: renBCH