BadgerDAO Launches BTC Bridge with RenVM

app.badger.finance

Hello Badgers,

Ren is an open protocol that enables the permissionless transfer of value between any blockchain. This integration with RenVM will allow Badger users the following benefits:

  • Using $BTC to mint $renBTC or $wBTC onto the Badger App, furthering Badger’s objective to be the one-stop-shop for all things Bitcoin
  • Improved user experience with fewer steps to go from native Bitcoin to a Sett Vault position and fewer steps from the Sett Vault position back to native Bitcoin.

TLDR: the barrier to entry for new DeFi users and the level of friction has fewer steps, and earning yield on your $BTC has never been easier!

Incentive System— The Badger Cetedel Program

One Stop Shop for All Things BTC

About RenVM

RenVM is an open protocol providing access to inter-blockchain liquidity for all decentralized applications. It is, so far, the most battle-tested DeFi project designed to bring cross-chain assets to the Ethereum ecosystem. Projects with RenVM integration offer developers increased flexibility and compatibility with other products in the market while providing a better user experience.

Improved efficiency, reduced gas costs, and faster, more direct rewards-earning are just some of the benefits users will experience from the RenVM integration, as it continues to evolve. Be on the look out for additional functionality as the Badgers continue to build upon this foundational product.

About Ren

How Do I Learn More?

ℹ️ Visit Our Website

➡️ Check Out Our Github

➡️ Join Our Community Discord

➡️ Follow Us on Twitter

➡️ Connect on Telegram

*Badger tokens are a means by which users may utilize and govern the protocol. Badger DAO does not recommend purchasing Badger for speculative investment purposes. Badger tokens may lose value or have no value and may have no market. Note that if applicable law does not allow all or any part of the above limitation of liability to apply to you, the limitations will apply to you only to the maximum extent permitted by applicable law.*

DAO dedicated to building products to bring BTC to DeFi.