We are excited to announce that Hippodrome has integrated RenVM via RenJS and released the first native integration for Polygon. This marks one of the first DEX aggregators using RenVM to allow native asset trading along with a native deposit and earn functionality into liquidity pools on Polygon!
Hippodrome allows users to:
1) Swap Bitcoin ($BTC) or Dogecoin ($DOGE) for any token on Polygon.
Send BTC or DOGE and receive any token on Polygon
2) Zap from BTC or DOGE directly into selected liquidity pools and earn.
Go directly from BTC or DOGE into interest-earning DeFi
Hippodrome is a result of the ETH Global Hack Money Hackathon 2021 and was a part of BadgerDAO’s prize pool. We couldn’t be happier to see this dApp make it into production and bring further utility to RenVM and the Polygon network.
“We are truly excited by the prospect of enabling the less savvy crypto-curious to take full advantage of all DeFi has to offer. It is only by increasing usability, providing clearer explanations, and reducing friction that polygon and DeFi projects can meet their full potential. We hope Hippodrome provides a meaningful step on that journey.”
Andrew Holz, CPO @ Crypto Colosseum (builders of Hippodrome)
To learn more about Hippodrome, explore the below resources 👇
- Hippodrome dApp: https://hippodrome.cryptocolosseum.com
- Github: https://github.com/quorumcontrol/hippodrome
- Hippodrome YouTube Walkthrough
It’s great to see RenJS expand into other blockchains enabling cross-chain functionality regardless of destination chains; this is the first piece in a much larger puzzle. The Ren Community will continue working with the Hippodrome team to expand assets and desintaitons chains that is supports, so stay tuned for more!
Onwards and upwards,
— Ren Team
Hippodrome is the brainchild of Crypto Colosseum. Crypto Colosseum has a lot of players relatively new to crypto and they were experiencing difficulty in bridging onto Polygon. While they are interested in participating in DeFi they would often find the process a little daunting. Hippodrome makes the process of getting value onto Polygon foolproof and inexpensive.
Ren is an open protocol that enables the movement of value between blockchains.