The REN token represents ownership of ZEC cryptocurrency, which can be securely held by RenVM. When an asset is under RenVM custody, a corresponding ERC20 token is created on the Ethereum blockchain, maintaining a 1:1 value ratio. This ERC20 token can then be utilized like any other ERC20 token within the Ethereum ecosystem, enabling various functionalities such as swapping, using as collateral, or conducting trades.
For those who want to download the Renzec logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Renzec logo.