The Ren 1.0 network is being shut down. Users are advised to bridge Ren assets back to the native chain as soon as possible.
Odaily Planet Daily reported that the asset cross-chain protocol Ren Protocol issued a statement stating that according to previous notices, Ren 1.0 is being shut down. Because the compatibility between Ren 1.0 and Ren 2.0 cannot be guaranteed, holders of Ren assets (such as renBTC, wBTC, etc.) should Bridge assets back to the native chain as soon as possible, otherwise you will face the risk of asset loss. At the same time, Ren Protocol released asset query and asset bridging links, and stated that it will return in the form of Ren 2.0. It was previously reported that Ren Protocol went bankrupt due to the Alameda incident and stated that it needed new financial support. Subsequently, Ren announced that it would launch the latest version of the protocol, Ren 2.0.
Odaily Planet Daily reported that the asset cross-chain protocol Ren Protocol issued a statement stating that according to previous notices, Ren 1.0 is being shut down. Because the compatibility between Ren 1.0 and Ren 2.0 cannot be guaranteed, holders of Ren assets (such as renBTC, wBTC, etc.) should Bridge assets back to the native chain as soon as possible, otherwise you will face the risk of asset loss. At the same time, Ren Protocol released asset query and asset bridging links, and stated that it will return in the form of Ren 2.0. It was previously reported that Ren Protocol went bankrupt due to the Alameda incident and stated that it needed new financial support. Subsequently, Ren announced that it would launch the latest version of the protocol, Ren 2.0.