RenQ Finance

RenQ Finance

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Last Update

Mar 22, 2023

RenQ Finance is a decentralized finance (DeFi) platform built on blockchain technology. It aims to provide users with a comprehensive suite of decentralized financial services and solutions. The project focuses on addressing the liquidity problem in the DeFi ecosystem by connecting isolated blockchains and establishing a cross-chain asset exchange network. The native token of the RenQ Finance platform is called RENQ. It serves as the governance token, enabling holders to participate in the decision-making process and shape the future development of the platform. Additionally, RENQ token holders may benefit from various incentives, such as staking rewards and participation in token swaps and airdrops.
Feb 7, 2023
Jun 6, 2023
100% completed
$3 055 263
15% goal completed
Goal 19 310 000.00 USD
past
Token Details
Ticker
RENQ
Total supply
1,000,000,000
Accepted Currencies
ETH, USDT
Min Contribution
1
USDT
Company Details
Registered Company Name
RENQ LIMITED
Registered Country
Seychelles
Company Founded
Jun 7, 2022
Additional Details
Platform
Ethereum
Categories
Platform

About RenQ Finance

Renq is a community-driven organization that is established to provide a one stop solution for all kind of traders under one platform in the DeFi world. We aim to empower our users with a comprehensive solution by providing them a platform that has benefits of a centralized exchange and beyond.

Renq's mission is to offer a comprehensive solution that is accessible to all types of traders, from novices to seasoned professionals. At the moment, new users are forced to use centralized exchanges because it is simpler for them to do so. However, with Renq wallet, new users will be able to enjoy all of the benefits of centralized exchanges while using a decentralized solution.

Renq enables the creation of entirely new asset classes whose value is derived from blockchainbased assets. Financial products such as derivatives and margin trades enable investors to achieve superior portfolio risk management and open up new speculation avenues. In addition, they increase market efficiency for the underlying asset by facilitating price discovery and permitting individuals to express more nuanced opinions on price and volatility. Renq offers advantages over conventional financial products by eliminating the need for a regulated central clearing house, providing global and equal access, and granting users permanent control over their funds. The derivatives market on existing financial infrastructure is vastly larger than any other market for financial assets. It is estimated to be greater than $1.2 quadrillion, or more than 10 times the global GDP. We believe that as decentralized platforms mature and begin to offer substantial advantages over traditional financial systems, a growing number of traditional assets will be listed on the blockchain. Renq will provide a number of decentralized protocols that implement a variety of cryptoasset-based financial products.

RenQ Finance Roadmap

  • Q1&2 - 2023 - Presale & Development

  • RenQ will hold its presale on website - Renq.io
    Token distribution will take place once presale has ended.
  • Q3 - 2023 - Launch on Testnet

  • Renq will launch it's basic services on testnet with several core features such as cross-chain swap protocol, leveraged tokens.
  • Q4 - 2023 - Native Order-Book

  • Renq's own off-chain order book for ETH-USDT trading with a new execution engine. The modification is expected to bring faster order creation and matching, tighter spreads, and lower slippage.
  • Q1 - 2024 - Launch on Mainnet

  • Renq will launch all the DeFi services, including mobile wallet app and desktop wallet plugin, with all core features such as margin loans, and ERC-721 positions to enable token holders to close positions.
  • Read More
  • Q2 - 2024 - DAO Governance

  • Renq forum will be available for the users to start the discussion on future proposals, this step will achieve our most important goal of decentralization.

RenQ Finance Team

Verified 20%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$3 055 263

Johan Van Asseldonk
Development Lead
verified
Samar
Lead Strategist
unverified
Markus Trafford
Senior Backend
unverified
Hiroyoshi Nozawa
Web3 Engineer
unverified

2 ICO

$3 055 263

Zachery Salter
Blockchain Expert
unverified

RenQ Finance Interviews

Johan van Asseldonk
As a team member, сan you tell us about your role in the ICO project?
I am very excited to be a part of the RenQ Finance team and be involved in RenQ's product development.
What do you think about idea?
RenQ Finance is a unique and futurist project that aims to meet the future needs of its users through the ongoing shift towards decentralization.

RenQ Finance Last News

4.16
positive
5.0 12
ICO Profile Vision Activity Potential Product Team
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