Ren

REN is the native token of the Ren protocol, which aims to bring interoperability to blockchain networks. Ren enables users to move assets between different blockchains, such as Bitcoin (BTC) and Ethereum (ETH), through the creation of В«wrappedВ» tokens. REN tokens play a vital role within the Ren ecosystem. They are used as collateral for minting wrapped tokens, providing security for the assets locked within the Ren protocol. Additionally, REN holders can participate in the governance of the protocol and influence its development. Ren's interoperability solutions offer users increased flexibility and access to a broader range of blockchain ecosystems.