Certik Audited RenQ Finance Raises $2.35 Million, Goes past Stage 2 of its Presale.

March 19, 2023 NEWS

RenQ Finance, a blockchain-based liquidity protocol, recently announced the successful completion of stage 2 of its presale, raising a total of $2.35 million after selling 101 million $RENQ tokens in just a few weeks.

In addition, the platform has also passed an extensive security audit by Certik, a leading blockchain security firm. These milestones are significant for RenQ Finance, which is aiming to solve the liquidity problem in decentralized finance (DeFi) through its unique approach.

In this article, we will take a closer look at RenQ Finance, its presale, and the Certik audit.

Introduction to RenQ Finance

RenQ Finance is a decentralized liquidity protocol that allows users to access liquidity pools from multiple blockchains without losing custody of their assets. This is achieved through RenQ’s unique non-custodial approach, which allows users to hold their assets in their wallets while still being able to participate in DeFi activities.

RenQ Finance is built on a multi-chain infrastructure, which means it can support multiple blockchains, including Ethereum, Binance Smart Chain, and Polygon. This allows users to benefit from the best of each blockchain while also being able to diversify their investments.

RenQ Finance Presale

RenQ Finance’s presale is divided into several stages, with the first stage being completed in January 2023, and the second stage was just recently completed in March 2023. The presale was conducted on RenQ Finance platform, a decentralized platform that allows projects to raise funds from the community fairly and transparently.

The presale was highly successful, with the project raising $2.35 million in just a few weeks. This is a testament to the community’s faith in the project and its potential to solve the liquidity problem in DeFi.

Certik Audit

RenQ Finance recently underwent a robust security audit by Certik, a leading blockchain security firm. The audit was conducted to ensure that RenQ Finance’s smart contracts are secure and free from vulnerabilities.

RenQ Finance’s commitment to security and transparency has been underscored by the Certik audit report, which found that its smart contracts are well-structured and free from critical vulnerabilities. This milestone is a significant achievement for the project, providing investors and users alike with greater confidence in the platform’s security and reliability.

Why RenQ Finance is important for DeFi

RenQ Finance is important for DeFi as it aims to solve the liquidity problem, which is one of the biggest challenges facing the DeFi ecosystem. Liquidity is essential for DeFi protocols to function properly, as it allows users to buy and sell assets at fair prices.

RenQ Finance’s unique non-custodial approach allows users to access liquidity pools without losing custody of their assets. This is a significant improvement over traditional DeFi platforms, which require users to deposit their assets into a centralized pool.

In addition, RenQ Finance’s multi-chain infrastructure allows users to access liquidity pools from multiple blockchains. This is important as it allows users to benefit from the best of each blockchain while also being able to diversify their investments.

Conclusion

RenQ Finance is a decentralized liquidity protocol with a unique approach to solving the liquidity problem in DeFi. Recently, the project completed the second stage of its presale and raised an impressive $2.35 million in just a few weeks. This is a testament to the project’s potential for growth and investor confidence in its unique solution.

In addition, RenQ Finance has also passed a rigid security audit by Certik, highlighting its commitment to security and transparency. This milestone is critical for any DeFi project, as security is a top concern for investors and users.

RenQ Finance’s approach to liquidity is innovative and addresses the challenges faced by traditional DeFi protocols. By utilizing artificial intelligence and machine learning, RenQ Finance can optimize liquidity across multiple chains and provide users with the best possible trading experience.

As the DeFi ecosystem continues to grow and evolve, RenQ Finance is well-positioned to play a significant role in its development. Its commitment to security and transparency, coupled with its unique approach to liquidity, makes it an attractive choice for investors looking for diversification and potential gains.

Click Here to Buy RenQ Finance (RENQ) Tokens.