Ren, a protocol that allows the motion of worth between blockchains, has introduced that its Host 2 Host operate is now accessible on the mainnet. With Host 2 Host, RenVM can assist and bridge virtually any asset in any chain.

Some examples of token sorts and prospects that Host 2 Host presents:

  1. Generic ERC-20 tokens: Now RenVM can transfer generic ERC-20s like $ MIM to any supported host chain like Solana, Abriturm, Polygon and so forth (as $ renMIM).
  2. LP token: RenVM can now additionally transfer LP tokens from one chain to a different, that means if authorized, RenVM can transfer $ crvRenWBTC from Ethereum to Fantom for use as collateral for a stablecoin like $ MIM (as rencrvRenWBTC).
  3. Cross-chain native tokens: As well as, RenVM is now capable of transfer property which can be native to different chains to some other host chain like $ SBR (an SPL token, the Solana token customary) to chains like Ethereum as ERC-20 (as $ renSBR ) to maneuver.
  4. Native L1 property: Lastly, RenVM can now transfer property which can be native to L1, like $ ETH, within the type of $ renETH (as a SPL token within the case of Solana) to different chains like Solana.

The primary property supported by RenVM are listed beneath (in alphabetical order):

Native blockchain property

  • ArbETH = referee
  • AVAX = avalanche
  • BNB = Binance Coin
  • ETH = Ethereum
  • FTM = phantom
  • MATIC = Polygon (Matic)

ERC-20 token

  • $ BADGER = Badger DAO
  • $ BUSD = Binance USD
  • $ CRV = curve
  • $ DAI = Dai
  • $ EURT = Euro-Tether
  • $ FTT = FTX
  • $ KNC = Kyber community
  • $ LINK = chain hyperlink
  • $ MIM = Magic Web Cash
  • $ REN = Ren
  • $ ROOK = GoalkeeperDAO
  • $ SUSHI = SushiSwap
  • $ UNI = uniswap
  • $ USDC = USD coin
  • $ USDT = Tether

These ERC-20 and native chain property now have wrapped counterparts on all blockchains that RenVM helps (e.g. $ renMIM on Binance Sensible Chain, Polygon, Fantom, Avalanche, Arbitrum and Solana). Token contracts for all property on all blockchains that RenVM helps will be discovered on GitHub.

Those that wish to experiment with shifting these property can achieve this within the new RenJS V3 demo.

“With the appearance of Host 2 host asset assist, the Ren Core dev group needed to utterly redesign RenJS, the Javascript library that allows third-party distributors and dApps to work together with and use RenVM. These adjustments are vital and have been the biggest replace to RenJS so far, making it a much more resilient and usable SDK for the ever-growing DeFi cross-chain world. “
– The Ren group

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