Both teams will be pursuing the addition of Ren-based assets on various AMMs and lending platforms such as Pangolin, SushiSwap, Prosper, FRAX, BenQi, and more.
The above are just a few but many more will be added over the summer. As always, any grassroots community support for Ren-based assets is very useful. So to help out, please lobby for Ren-assets to be adopted throughout all various dApps on Avalanche. When each platform goes live, we’ll have corresponding announcements.
Third-party developers can now build Cross-Chain dApps on Avalanche with the RenJS SDK. This will be updated over the coming weeks with tutorials to make the process as smooth as possible for developers.
Get started here
“With the addition of Avalanche to RenVM all stakeholders involved will benefit by providing more utility to the Avalanche ecosystem, and even more velocity through RenVM. We are excited to see this go live as it’ll continue bolster the cross-chain narrative and advantages throughout DeFi”— Michael Burgess, COO at Ren
“Interoperability is key in compounding the growth of decentralized finance. More and more smart contract-enabled blockchains will launch, and it will be up to the users to decide, which platform works best for them. RenVM’s seamless, trustless bridge will make this decision substantially easier. I’m excited to see what assets DeFi users choose to bring over to Avalanche.” — Jay Kurahashi-Sofue, VP of Marketing at Ava Labs