Ren

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

1. 12 February 2018

   Token sale completed as Republic Protocol

   Investors in the sale took 60.2% of the fixed supply of one billion REN tokens; about 15% was set aside for the team, advisors and early partners.

2. 27 May 2020

   RenVM launches on mainnet

   Starting with bitcoin, Bitcoin Cash and Zcash brought onto Ethereum as one-for-one tokens.

3. 2 February 2021

   Development team joins Alameda Research

   Terms were not disclosed. The stated first priority was bridging assets to Solana.

4. 18 November 2022

   Announces the sunset of Ren 1.0

   Minting was to stop at once, with burns kept open for 30 days.

   2) In short, to protect the integrity of the project and the safety of users of Ren, the Ren 1.0 network will be sunset, and we aim to launch a fully community-controlled network, Ren 2.0, as soon as possible.

5. 7 December 2022

   1) Important notice ⚠️ As announced previously, the Ren 1.0 network is shutting down due to the events surrounding Alameda As compatibility between Ren 1.0 and 2.0 cannot be guaranteed, holders of Ren assets should bridge back to native chains ASAP, or risk losing them!

6. 20 December 2022

   Says the network will go offline on a date it does not control

   1) Quick reminder 📣 The Ren network is currently operational but is expected to go offline in the near future. The exact date is currently unknown. This is out of our control, but we will do everything in our power to make sure the peg of Ren assets is maintained.

A week after Alameda Research filed for bankruptcy, Ren said the Ren 1.0 network would be sunset "due to the events surrounding Alameda", which had been its only source of funding. Minting was to stop at once, and holders were told to bridge assets back to their native chains within 30 days or risk losing them. A community-run Ren 2.0 was promised in its place; no launch was found.

1. Aftermath12 April 2023

   Remaining Ren 1.0 assets transferred to the FTX debtors

   The project said the assets were moved to segregated cold storage wallets held for the FTX debtors. Decrypt reported the bitcoin involved at about $13 million.

20 sources behind this page.

1. 1Interoperability Project Ren 'Joining' Alameda Research · CoinDesk · Feb 2021
2. 2Into the Dark Pool: $30 Million ICO Could Pave Way for Huge Crypto Trades · CoinDesk · Feb 2018
3. 3Cross-chain DeFi interoperability on the agenda as Ren joins Alameda · Cointelegraph · Feb 2021
4. 4Alameda-backed Ren protocol shuts down, alerts users to unwrap tokens · crypto.news · Dec 2022
5. 5Ren Protocol Users Face Potential Losses During Post-Alameda Wind Down · CryptoPotato
6. 6Ren Bridge announces open source community led Ren 2.0 in response to Alameda fallout · CryptoSlate · Nov 2022
7. 7Alameda-Owned Ren to Look for New Funding and Go Open Source · DailyCoin · Nov 2022
8. 8Alameda-linked Ren Protocol Transfers $13M in Bitcoin to FTX Debtors · Decrypt · Apr 2023
9. 9GitHub profile: loongy · GitHub · Aug 2026 · user-editable
10. 10renproject/darknode-sol contributors · GitHub

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.