Ren, an open protocol that lets in the motion of worth between blockchains, has launched its subsequent integration of RenVM with NUTS Finance, a blockchain vogue DAO. acBTC, NUTS first dApp now supports native BTC deposits by approach of RenJS. This new feature streamlines the BTC immoral-chain direction of and the minting of acBTC trusty into a single transaction, offering an optimum skills for users.
acBTC is a composite Bitcoin solution on Ethereum, designed to unite ERC20 BTC to maximise usability and interoperability across blockchain networks. The acBTC ecosystem integrates native Bitcoin and ERC20 BTC with a swap, savings, and lending apps into one trusty, efficient, and usable customary.
“RenVM gives a seamless person skills for bridging BTC liquidity onto the Ethereum community in a permissionless setting. We stay up for extra leveraging the sturdy product suite by Ren to develop adoption and usefulness for ERC20 BTC.”
– Terry Lam, Co-Founding father of NUTS Finance