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SOVRYN
Your Funds, Your Control | Sovryn is the decentralized Bitcoin trading and lending platformSOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Sovryn waves goodbye to centralised services that conventionally provide market-making. Fees generated by trading are distributed amongst liquidity providers as a reward, in exchange for facilitatingtrades and swaps.
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.GET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement.SOVRYN
Your Funds, Your Control | Sovryn is the decentralized Bitcoin trading and lending platformSOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Sovryn waves goodbye to centralised services that conventionally provide market-making. Fees generated by trading are distributed amongst liquidity providers as a reward, in exchange for facilitatingtrades and swaps.
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.GET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement.GET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement.SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
Your Funds, Your Control | Sovryn is the decentralized Bitcoin trading and lending platformSOVRYN
06 May 2021. Attention all Sovryn and Bitcoin mutants! The 75K SOV loot drop for the SOV/BTC liquidity pool will close on Tuesday 11thMay, at 12:00 UTC.
ABOUT SOVRYN GOVERNANCE Note: This page intends to describe how Sovryn governance currently works at a medium level of detail. While this page may not have all of the information about Sovryn governance, we have strived to ensure that the information that is here is 100% accurate. We welcome feedback with any additions or corrections to this content. TESTING SOVRYN ON THE TESTNET Please give us your feedback, not just on the system, but on the instructions too. The Sovryn community is eager to help solve any problems. The best place for this is the #feedback-and-user-testing channel in the Sovryn discord.FAQ GENERAL
RSK is a Bitcoin layer 2 sidechain that provides for smart contract functionality using Bitcoin as it’s native asset. RSK is the most permissionless and censorship-resistant Bitcoin sidechain:SOVRYN BITOCRACY
Title Start Block Vote Weight Voting Ends Action; 009 • SIP-0020: Staking contract updates, Details: https://github.com/DistributedCollective/SIPS/blob/91ea9de/SIP PARTICIPATING IN BITOCRACY SOV is an ERC-20 token minted on RSK.SOV itself does not grant governance rights. Instead, SOV gives the option for the token holder to stake in the Sovryn protocol, which then provides the token holder with governance rights.SOVRYN
Sovryn
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.WELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as third BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction. SOVRYNTRANSLATE THIS PAGESovryn
TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
AMM FAQ | SOVRYN WIKI This doesn’t mean that the user has lost 8 SOV, it is just that LP tokens are not proportionally denominated with any asset in the pool. In this scenario, the user could redeem their 2 LP tokens and withdraw 10 SOV. The AMM records how many LP tokens it has created and given in return for liquidity. When a new user provides liquidity the AMMSOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.WELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as third BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction. SOVRYNTRANSLATE THIS PAGESovryn
TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
AMM FAQ | SOVRYN WIKI This doesn’t mean that the user has lost 8 SOV, it is just that LP tokens are not proportionally denominated with any asset in the pool. In this scenario, the user could redeem their 2 LP tokens and withdraw 10 SOV. The AMM records how many LP tokens it has created and given in return for liquidity. When a new user provides liquidity the AMMSOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.GET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement.SOVRYN
Sovryn Hardware Wallet Integration. 02 May 2021. Engage and use Sovryn directly with a hardware wallet without the need of a Web3 wallet.FAQ GENERAL
The loan to collateral ratios Sovryn will offer will be far superior to what is being offered for tokenized Bitcoin on Ethereum. With the FastBTC relay, it is faster, cheaper and easier to move Bitcoin onto RSK than any of the Ethereum BTC-tokens. This alone is a 10Ximprovement.
SOVRYN BITOCRACY
6/2/2021, 6:44:36 AM: View Proposal: 004 • SIP-0018: BabelFish Token Sale via Origins, Details: https://github.com/DistributedCollective/SIPS/blob/f8a726d/SIP-0018 PARTICIPATING IN BITOCRACY SOV is an ERC-20 token minted on RSK. SOV itself does not grant governance rights. Instead, SOV gives the option for the token holder to stake in the Sovryn protocol, which then provides the token holder with governance rights. SOV is not an “altcoin” i.e. a cryptocurrency alternative to BTC. The purpose of SOV is to provide apseudonymous
SOVRYN
BabelFish aims to be the first money lego built for and on Sovryn with the mission of bringing stablecoin liquidity to the ecosystem. It is a decentralized aggregator and distributor of all stablecoins that earns yields on the deposit’s respective chains and reinvests the interest in a community pool of rBTC, that acts as the ultimate insurance.CLAIM YOUR SOV
Most wallets will not function properly if you have more than one wallet enabled at a time as a browser extension. Be sure the only the wallet you have enabled is the SOVRYN IMPROVEMENT PROPOSALS I hereby submit this SIP to leverage the upcoming Sovryn Origins platform as a launchpad to do the first token sale in Sovryn for BabelFish. We see the Origins platform as the first Bitcoin layer-2 IDO platform, and would like to follow in Sovryn’s moon boot footsteps to showcase this, ideally setting a precedent for future teams seeking to launch Bitcoin DeFi projects.SOVRYN
Sovryn
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.WELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as third BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction. SOVRYNTRANSLATE THIS PAGESovryn
TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
AMM FAQ | SOVRYN WIKI This doesn’t mean that the user has lost 8 SOV, it is just that LP tokens are not proportionally denominated with any asset in the pool. In this scenario, the user could redeem their 2 LP tokens and withdraw 10 SOV. The AMM records how many LP tokens it has created and given in return for liquidity. When a new user provides liquidity the AMMSOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.WELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as third BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction. SOVRYNTRANSLATE THIS PAGESovryn
TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
AMM FAQ | SOVRYN WIKI This doesn’t mean that the user has lost 8 SOV, it is just that LP tokens are not proportionally denominated with any asset in the pool. In this scenario, the user could redeem their 2 LP tokens and withdraw 10 SOV. The AMM records how many LP tokens it has created and given in return for liquidity. When a new user provides liquidity the AMMSOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.GET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement.SOVRYN
Sovryn Hardware Wallet Integration. 02 May 2021. Engage and use Sovryn directly with a hardware wallet without the need of a Web3 wallet.FAQ GENERAL
The loan to collateral ratios Sovryn will offer will be far superior to what is being offered for tokenized Bitcoin on Ethereum. With the FastBTC relay, it is faster, cheaper and easier to move Bitcoin onto RSK than any of the Ethereum BTC-tokens. This alone is a 10Ximprovement.
SOVRYN BITOCRACY
6/2/2021, 6:44:36 AM: View Proposal: 004 • SIP-0018: BabelFish Token Sale via Origins, Details: https://github.com/DistributedCollective/SIPS/blob/f8a726d/SIP-0018 PARTICIPATING IN BITOCRACY SOV is an ERC-20 token minted on RSK. SOV itself does not grant governance rights. Instead, SOV gives the option for the token holder to stake in the Sovryn protocol, which then provides the token holder with governance rights. SOV is not an “altcoin” i.e. a cryptocurrency alternative to BTC. The purpose of SOV is to provide apseudonymous
SOVRYN
BabelFish aims to be the first money lego built for and on Sovryn with the mission of bringing stablecoin liquidity to the ecosystem. It is a decentralized aggregator and distributor of all stablecoins that earns yields on the deposit’s respective chains and reinvests the interest in a community pool of rBTC, that acts as the ultimate insurance.CLAIM YOUR SOV
Most wallets will not function properly if you have more than one wallet enabled at a time as a browser extension. Be sure the only the wallet you have enabled is the SOVRYN IMPROVEMENT PROPOSALS I hereby submit this SIP to leverage the upcoming Sovryn Origins platform as a launchpad to do the first token sale in Sovryn for BabelFish. We see the Origins platform as the first Bitcoin layer-2 IDO platform, and would like to follow in Sovryn’s moon boot footsteps to showcase this, ideally setting a precedent for future teams seeking to launch Bitcoin DeFi projects.SOVRYN
Sovryn
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.SOVRYN
Sovryn Hardware Wallet Integration. 02 May 2021. Engage and use Sovryn directly with a hardware wallet without the need of a Web3 wallet.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as thirdWELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address. BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction.SOVRYN
Sovryn
SOVRYN
Crypto Margin Trading with Sovryn. is loading Help Desk PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.SOVRYN
Sovryn Hardware Wallet Integration. 02 May 2021. Engage and use Sovryn directly with a hardware wallet without the need of a Web3 wallet.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as thirdWELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address. BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction.SOVRYN
Sovryn
SOVRYN
Crypto Margin Trading with Sovryn. is loading Help Desk PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.GET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement.SOVRYN
Sovryn Hardware Wallet Integration. 02 May 2021. Engage and use Sovryn directly with a hardware wallet without the need of a Web3 wallet. ABOUT SOVRYN GOVERNANCE Sovryn is a smart contract system built on RSK. The Sovryn smart contracts have many parameters that can be modified, and the smart contracts themselves can also be modified. This raises the issue of governance: what the parameters and smart contracts of the Sovryn smart contract system are that can be governed, what the processes arefor
TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
FAQ GENERAL
The loan to collateral ratios Sovryn will offer will be far superior to what is being offered for tokenized Bitcoin on Ethereum. With the FastBTC relay, it is faster, cheaper and easier to move Bitcoin onto RSK than any of the Ethereum BTC-tokens. This alone is a 10Ximprovement.
TESTING SOVRYN ON THE TESTNET Please give us your feedback, not just on the system, but on the instructions too. The Sovryn community is eager to help solve any problems. The best place for this is the #feedback-and-user-testing channel in the Sovryn discord. PARTICIPATING IN BITOCRACY SOV is an ERC-20 token minted on RSK. SOV itself does not grant governance rights. Instead, SOV gives the option for the token holder to stake in the Sovryn protocol, which then provides the token holder with governance rights. SOV is not an “altcoin” i.e. a cryptocurrency alternative to BTC. The purpose of SOV is to provide apseudonymous
ETHEREUM BRIDGE TESTNET The SOVRYN Ethereum Bridge on the Testnet. The SOVRYN Ethereum Bridge on our Testnet is a fork (derivative) of the RSK ETH Bridge. It allows easy and permissionless transfers of your assets from one sidechain to another like BTC to the RSK Network (rBTC) to any SOVRYN Individual. PLEASE NOTE! This is a test version of our future Ethereum bridge.SOVRYN
Sovryn
SOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.WELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as third BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction.SOVRYN
Help Desk. Crypto Margin Trading with Sovryn TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
AMM FAQ | SOVRYN WIKI This doesn’t mean that the user has lost 8 SOV, it is just that LP tokens are not proportionally denominated with any asset in the pool. In this scenario, the user could redeem their 2 LP tokens and withdraw 10 SOV. The AMM records how many LP tokens it has created and given in return for liquidity. When a new user provides liquidity the AMMSOVRYN
audited smart contracts. sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty.SOVRYN
no kyc. sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. preserve your pseudonymity.SOVRYN
Earn a passive income by lending your assets directly to borrowers or to margin traders and decrease your exposure to wider market performances and fluctuations. Sovryn’s non-custodial solution keeps you in control of your funds, and you are free to withdraw your assets at any time. Learn more. Trade.WELCOME TO SOVRYN
The following is a list of Sovryn Official Communication Channels including our official URL's and bitocracy token contract address.SOVRYN
SOVRYN is a decentralized bitcoin trading and lending platform, the first of its kind! Only you control and have access to your wealth, any actions you take could cause a potential loss of funds. Make sure to check all transaction fee prices before proceeding as third BUYING SOV ON SOVRYN Buying SOV tokens directly on the Sovryn Platform. RBTC is required to purchase SOV and pay gas fees on the RSK Mainnet. Sovryn makes obtaining RBTC quick, easy, and affordable using either the native FastBTC/Top-Up feature, or through a fiat currency transaction.SOVRYN
Help Desk. Crypto Margin Trading with Sovryn TOKENOMICS | SOVRYN WIKI Sovryn is a protocol designed to grow, expand and adapt. This evolution will be directed by the process of Bitocracy - on chain governance by token holders. The Sovryn Bitocracy provides incentives to coordinate a diverse set of stakeholders. It is designed to foster collaboration with a long-term focus on the future and mission of theplatform.
PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
AMM FAQ | SOVRYN WIKI This doesn’t mean that the user has lost 8 SOV, it is just that LP tokens are not proportionally denominated with any asset in the pool. In this scenario, the user could redeem their 2 LP tokens and withdraw 10 SOV. The AMM records how many LP tokens it has created and given in return for liquidity. When a new user provides liquidity the AMMGET.SOVRYN.APP
Sovryn is built by Bitcoiners for Bitcoiners. At Sovryn you keep control of your keys and identity. All you need is an RSK compatible wallet to join the DeFi for Bitcoin movement. PREPARING TO BE SOVRYN A simple transfer transaction takes 21.000 gas units. The gas fee of such transaction on RSK is: 0.06 GWEI x 21.000 = 1.260 GWEIs = 126satoshis
SOVRYN
Sovrython is an opportunity to join other Bitcoin Mutants at the cutting edge of blockchain tech: sidechains, DeFi, Lighting Network and Layer 2 systems. “‘Finally’. That was the word that came to mind when I first learned about Sovryn. It is also the reaction of so many others in the Bitcoin space. Finally, Sovryn is allowing the fullSOVRYN
Sovryn
FAQ GENERAL
The loan to collateral ratios Sovryn will offer will be far superior to what is being offered for tokenized Bitcoin on Ethereum. With the FastBTC relay, it is faster, cheaper and easier to move Bitcoin onto RSK than any of the Ethereum BTC-tokens. This alone is a 10Ximprovement.
SOVRYN
Help Desk. Crypto Margin Trading with Sovryn PARTICIPATING IN BITOCRACY SOV is an ERC-20 token minted on RSK. SOV itself does not grant governance rights. Instead, SOV gives the option for the token holder to stake in the Sovryn protocol, which then provides the token holder with governance rights. SOV is not an “altcoin” i.e. a cryptocurrency alternative to BTC. The purpose of SOV is to provide apseudonymous
SOVRYN BITOCRACY
6/2/2021, 6:44:36 AM: View Proposal: 004 • SIP-0018: BabelFish Token Sale via Origins, Details: https://github.com/DistributedCollective/SIPS/blob/f8a726d/SIP-0018CLAIM YOUR SOV
Most wallets will not function properly if you have more than one wallet enabled at a time as a browser extension. Be sure the only the wallet you have enabled is the SOVRYN IMPROVEMENT PROPOSALS I hereby submit this SIP to leverage the upcoming Sovryn Origins platform as a launchpad to do the first token sale in Sovryn for BabelFish. We see the Origins platform as the first Bitcoin layer-2 IDO platform, and would like to follow in Sovryn’s moon boot footsteps to showcase this, ideally setting a precedent for future teams seeking to launch Bitcoin DeFi projects. MARGIN TRADING LENDING LIBRARYTO THE DAPP...
YOUR KEYS, YOUR CONTROL THE DECENTRALIZED BITCOIN TRADING AND LENDING PLATFORM Sign up for ecosystem updates and early access invitesREGISTER
TRADE
LEND
ADD LIQUIDITY
EPISODE 0.1: ESCAPE THE FIAT LORDSEPISODE 0.1
ESCAPE THE FIAT LORDS LEARN MORE IN OUR BLOG MOC LISTING REWARDS SOVRYNS01 Jun 2021
Today we celebrate the listing of Money on Chain’s governance token, MoC, on the Sovryn platform. DEFIANT INTEGRATES SOVRYN’S AMM31 May 2021
Mobile wallet company Defiant integrates Sovryn's AMM. SOVRYN LAUNCHES NEW-AND-IMPROVED FIAT ONRAMP VIA TRANSAK26 May 2021
Thanks to our partnership with Transak, Sovryn users can purchase crypto directly through the platform via a range of...TO THE BLOG
LEVEL UP YOUR STACK
WITH A SMOOTH, INTUITIVE INTERFACETRADE WITH LEVERAGE
TRADE WITH LEVERAGE. EARN YIELD BY LENDING EARN YIELD BY LENDING PROTECT YOUR BITCOIN WITH FOUR LEVELS OF ARMOURAUDITED
SMART CONTRACTS
SOVRYN UNDERGOES ONGOING SECURITY AUDITS, FROM MULTIPLE AUDITORS AND MAINTAINS A BUG BOUNTY.SECURE
ORACLES
SOVRYN WILL CONTINUOUSLY ADD SECURE ORACLES FOR GREATERDECENTRALIZATION.
INSURANCE
FUND
THE INSURANCE FUND PROTECTS AGAINST UNDERCOLLATERALIZED LOANS. 10% OF INTEREST IS ADDED TO THE FUND.OPEN
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AS ONE OF THE FOUNDING PRINCIPLES OF DEFI, WE’RE COMMITTED TO INTEROPERABILITY AND THE DEVELOPMENT OF OPEN SOURCE CODE Find answers to your questions in the library of dyor...ENTER DYOR
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