Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Ren (REN) is now available on KuCoin. Supported trading pair is REN/USDT.
Please take note of the following schedule:
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
999,999,633 | $645,840,781 | 2018-02-22 | ERC20 |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
995,363,051 | $202,405,255 | $0.558 | - |
* The key metric numbers are calculated as at February 3, 2021
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms. Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.
The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes. Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.
Whitepaper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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