My question involves the reasoning behind using “ren” in front of wrapped assets like renBTC, renDoge, or renFil over using a simple “r” in distinguishing wrapped assets (rBTC,rDoge ,rFil)
I am sure there are valid logical reasons for this and I was curious if any developers might have thoughts on this?
I notice that with “Wrapped Bitcoin” they use a simple “W”, for their WBTC. Also the upcoming “Flare Network” is going to use the letter “f” for wrapped assets like fXRP, fDOGE or fLTC.
I feel like us being early movers in the wrapping asset space, could really benefit from us being the first in establishing the letter “r” for the Ren Protocol.