Ren, an open protocol that allows the motion of worth between blockchains, has actually announced its next integration of RenVM with NUTS Finance, a blockchain advancement DAO. acBTC, NUTS initially dApp now supports native BTC deposits by means of RenJS. This brand-new feature improves the BTC cross-chain process and the minting of acBTC into a single transaction, providing an optimal user experience for users.
acBTC is a composite Bitcoin option on Ethereum, designed to unite ERC20 BTC to optimize functionality and interoperability across blockchain networks. The acBTC ecosystem incorporates native Bitcoin and ERC20 BTC with a swap, savings, and lending apps into one safe, efficient, and functional requirement.
“RenVM supplies a smooth user experience for bridging BTC liquidity onto the Ethereum network in a permissionless setting. We anticipate more leveraging the robust product suite by Ren to increase adoption and functionality for ERC20 BTC.”
– – Terry Lam, Co-Founder of NUTS Finance
CryptoNinjas” NUTS Finance incorporates RenVM to enhance BTC cross-chain exchange