Ability to swap between ZEC <> renZEC (ERC20)

[holmesworcester]

@alchemydc

however I want to prepare folks for the reality that uptake may be slow until congestion on the Ethereum network abates or L2rollups / Eth2 starts alleviating the gas crunch.

I’m super curious about this. How much does a full ZEC → renZEC → DAI trade cost right now, roughly? On the order of $10-$20 USD? More?

@joshs

In places where centralized exchanges are prohibited (regulatory, payment rails, banks), having access to a wrapped ZEC via a DEX allows someone to acquire it as renZEC, redeem it for ZEC and then move it to shielded storage

I’m really excited about this too! A universal onramp to shielded ZEC for anyone who can buy ETH!!