renBCH

E773511

renBCH is a tokenized representation of Bitcoin Cash on the Ethereum network, created by RenVM to enable cross-chain liquidity and DeFi use cases.

All labels observed (2)

Label Occurrences
Ren-wrapped Bitcoin Cash 1
renBCH canonical 1

How this entity was disambiguated

Statements (36)

Predicate Object
instanceOf ERC-20 token
tokenized crypto asset
wrapped Bitcoin Cash token
assetType crypto token
backedBy locked BCH on Bitcoin Cash network
basedOn Bitcoin Cash
bridgeMechanism RenVM darknodes
linked to: Darknodes
category cross-chain asset
wrapped token
chainType Ethereum mainnet
linked to: Ethereum blockchain
createdBy RenVM
custodyModel decentralized custody via RenVM
ecosystem Ethereum DeFi ecosystem
Ren ecosystem
enables DeFi use cases
cross-chain liquidity
issuerProtocol RenVM
mintingProcess lock BCH on Bitcoin Cash chain and mint renBCH on Ethereum
network Ethereum
linked to: Ethereum blockchain
peggedTo BCH 1:1 (intended)
primaryFunction bring BCH liquidity to Ethereum
redeemableFor Bitcoin Cash (BCH)
linked to: Bitcoin Cash
redemptionProcess burn renBCH on Ethereum and release BCH on Bitcoin Cash chain
riskFactors RenVM protocol risk
bridge smart contract risk
peg stability risk
securityModel RenVM network of darknodes
standard ERC-20
supports permissionless minting and burning (via RenVM)
symbolRepresents Ren-wrapped Bitcoin Cash
linked to: renBCH
underlyingAsset Bitcoin Cash (BCH)
linked to: Bitcoin Cash
useCase DeFi trading
lending and borrowing
liquidity provision
yield farming
wrappedFromChain Bitcoin Cash mainnet
linked to: Bitcoin Cash

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

RenVM mints renBCH
renBCH symbolRepresents Ren-wrapped Bitcoin Cash
linked to: renBCH