9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Symbiosis Finance multi-chain liquidity protocol has provided users with access to the bundled Ethereum token renBTC. The developers introduced an interconnect protocol that allows you to access
The Symbiosis Finance multi-chain liquidity protocol has provided users with access to the bundled Ethereum token renBTC.
The developers introduced an interconnect protocol that allows you to access renBTC and interact with bitcoin.
Symbiosis uses the Ren Protocol on the BNB Chain. It burns renBTC on the network from Binance and sends bitcoin to the user’s address on the blockchain of the first cryptocurrency.
“Our initiative solves the problem of interaction between bitcoin and DeFi. “Crosschain handles the exchange in a single transaction,” he said.
Protocol developers will continue to expand its functionality.
Recall that in June Symbiosis Finance signed a partnership with ChainSwap, Milkomeda and Rubic.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
