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Cryptopedia

Cryptopedia

RenBTC

Ren is an open protocol that allows users to bridge their assets across the chain to Ethereum. RenBTC is the representation of ERC20 Bitcoin on Ren. Each RenBTC is anchored to Bitcoin 1:1. Ren allows users to issue RenBTC by providing BTC and redeem BTC by destroying RenBTC.


Authored by Gate BS. Please refer to the source.

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