ARC: Proposal to add support for renBTC

I also support adding renBTC. Depositing by BTC into AAVE is my preferred usage, but AAVE only accepts wBTC (and I prefer renBTC). I actually ended up staking in badger since they accept renBTC over depositing in AAVE. Please bring renBTC to AAVE!

SNX has also just released their support of renBTC as collateral, which is a huge vote of confidence in ren from a blue chip! From Kain, “Today, the last and one of the most exciting release of the year goes live. Weirdly it’s been very underhyped, but it will enable a new shorting mechanism to replace iSynths and enable borrowing with BTC via @renprotocol.”

3 Likes