renBTC Staking

REN raised 34 Million in an early 2018 ICO where some investors where:

Polychain
Limitless Crypto Investments
Infinite Capital
Nathan Doctor
Hyperchain Capital
Huobi Capital
FBG Capital

Based on current market examples you can expect to earn a baseline APY around 14%.

renBTC is a synthetic asset that represents the value of bitcoin and it is created by the Ren protocol. renBTC allows for bitcoin transfers to be conducted quicker on the Ethereum blockchain and opens up the possibility for bitcoin to be used in the Ethereum ecosystem.

Bitcoin is held in custody by a network of decentralized nodes; it can be converted to renBTC and vice versa easily.

We currently only track RENBTC lending, custodial and non-custodial lending providers will pay you an APY on deposits.

Some of the core team members of REN include:

Taiyang Zhang – Co-founder of Ren

Loong Wang – CTO at Republic Protocol

Michael B. – Chief Operating Officer at Ren

There are risks associated with custodial lending and smart contract deposits, please do appropriate research.