Evaluation
'24-07-27 02:58
$0.0674
(+44%)
Top16%
Market cap (cir.)
$46.55M
Market price
$0.0465
Evaluation price
$0.0674 (+44%)
Evaluation by factors
$0.0674
Average
$0.0771
Value
$0.0615
Growth
$0.0706
Momentum
$0.0609
Quality
$0.0666
Native
Ren is a non-custodial interoperability protocol built on Ethereum and other blockchains. Ren was founded by Tayiang Zhang & Loong Wang and launched in 2017. Ren is currently only in redeeming-mode, due to their exposure to the effects of Alameda Research's failure.Overcollateralized nodes custody and transfer funds between blockchains and receive burn & mint fees from traders (supply-side fees).REN tokenholders own and govern the protocol. They do not currently take a cut of the total mint/burn fees paid by traders (revenue). Ren's investors include Polychain, FBG Capital, BlockVC, etc.