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Author Topic: [ANN] Sovryn - Brings DeFi to Bitcoin  (Read 5703 times)
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February 02, 2021, 06:52:18 PM
Last edit: August 24, 2021, 05:48:55 PM by irfan_pak10
Merited by steampunkz (1)
 #1



Sovryn Brings DeFi to Bitcoin
The first decentralised Bitcoin Trading and Lending Platform

Governed by its community of self sovereign individuals.
via the SOV governance token


Why DeFi for Bitcoin?
As we watched Ethereum’s system of Defi disintegrate into becoming an exclusive ‘privileged’ community, and less of a decentralized financial system people like you could use, we learned one startling truth...

Bitcoin has been cut out of Defi, despite having the deepest liquidity opportunities. This meant the average Bitcoiner like you would never benefit from Digital Finance on the Native Bitcoin Blockchain.

That’s when we decided to make the change happen.

SOVRYN is Layer-2 Defi for Bitcoin platform.

What does this mean for you?

   •   clearer security assurances

   •   lower fees

   •   no competing altcoins




We launched Sovryn 2 months ago and are proud to announce we are already the biggest DeFi platform on Bitcoin. NOW headed towards the SOV token sale.



It is clear that many Sovryn individuals share our vision for a Permissions-free, decentralized Bitcoin Finance solution.

  • Sovryn raised $2.1m from whales in Q4 2020.
  • A further round saw $2.5m reserved by early adopters in Jan 2021
  • NOW we are offering a final chance to reserve your spot in the Origins pre-sale, limited to 2m tokens.



>Join the Waitlist Link<



The SOVRYN DIFFERENCE

The SOV token exists to fulfill three roles: Bitocracy, Risk Mitigation, Fee Collection.

Bitocracy

SOV is a governance token, staked in the Bitocracy system to earn voting rights. These are weighted by the length of staking time. Additionally, system revenues are distributed on an ongoing basis to those actively participating in governance, in relation to their voting weight.

This combination of voting power and revenue yield incentivizes long-term commitment and thinking. SOV stakeholders can choose the length of time in which they intend to stake their tokens (up to 36 months). They may also delegate their vote to other participants to incentivize experts to specialize in Sovryn Bitocracy.

TOKENOMICS

100,000,000 SOV tokens will be created at a TGE in the coming weeks.



Why Sovryn?
Sovryn is Bitcoin Native.
If you’re in the crypto game at all, Bitcoin isn’t your option. It's your reality.

With 90% of crypto liquidity in Bitcoin, it set the stage to swallow the dollar as the reserve currency of the world in years not decades…

In these circumstances, don’t you think a Permissions-free, decentralized Bitcoin Finance solution is the only one you can trust?


WHY IS OUR USER-BASE GROWING SO QUICKLY?

Sovryn is the leading protocol for creating decentralised finance for Bitcoin

RISE OF DEFI The crypto-community has leapt into DeFi, making it the fastest growing sector of the economy.
MASSIVE INFLOWS OF FUNDS TO BITCOIN. Everyone needs a decentralized financial layer for Bitcoin.
ETHEREUM SCALABILITY ISSUES. Ethereum has exceeded its current carrying capacity and is facing scalability issues.
REGULATORY PRESSURE. Regulatory crackdown on centralised exchanges like Bitmex mean that crypto is retro-fitting inequality of access to finance.


Click HERE to learn more.


OUR SOVRYN FUTURE IS HERE…

We live in a digital world,
we don't need thousands of different financial institutions,
we need one open-source financial operating system.
Sovryn will be that financial operating system.

Sovryn will replace banks, stock exchanges,
pension funds, and insurance companies.
Bitcoin is the open-source money,
Sovryn is the financial operating system for Bitcoin.


!!JOIN THE ORIGIN PRESALE!!

THE COMMUNITY IS ABOUT TO VOTE ON THE FINAL PRE-SALE

Don’t miss out on the final pre-sale - Register HERE for a limited time only




THE SOVRYN TEAM:
The Sovryn team is made up of OG Bitcoiners and a global mix of dedicated developers, entrepreneurs, and creators who believe in full financial sovereignty.
Our mission is to expand on Satoshi Nakamoto’s vision of a financial system free from corruption and hardcoded to be secure, private, and beneficial for all.

Come in and say hello:

•   DISCORD

•   TELEGRAM

•   GITHUB




SOVRYN IN THE NEWS

   •   Yahoo Finance

   •   NewsBTC

   •   Coindesk

   •   Investing.com  

   •   Cointelegraph

   •   The Block Crypto

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February 02, 2021, 06:52:42 PM
Last edit: February 04, 2021, 07:08:29 PM by irfan_pak10
 #2


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February 02, 2021, 07:55:54 PM
 #3

  • Sovryn raised $2.1m from whales in Q4 2020.
  • A further round saw $2.5m reserved by early adopters in Jan 2021

thats really huge money,
by the way, how much the basic price from this project ?regards


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Sovryn
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February 02, 2021, 08:48:07 PM
 #4

  • Sovryn raised $2.1m from whales in Q4 2020.
  • A further round saw $2.5m reserved by early adopters in Jan 2021

thats really huge money,
by the way, how much the basic price from this project ?regards


Hello Thanks. The price at our Genesis Sale was 2500 Satoshi.
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February 02, 2021, 09:51:59 PM
 #5

  • Sovryn raised $2.1m from whales in Q4 2020.
  • A further round saw $2.5m reserved by early adopters in Jan 2021

thats really huge money,
by the way, how much the basic price from this project ?regards


Hello Thanks. The price at our Genesis Sale was 2500 Satoshi.


is there any specific time for the public sale ?
because  bring defi to bitcoin is a smart idea, and does there will be a minimum amount to invest in public sale stage ?

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February 03, 2021, 02:17:09 AM
 #6

The interest of large investors and the speed of sale in the presale (18 minutes) is very impressive! Few projects achieve such good fundraising results. This almost guarantees that the project must be successful!

Are you going to run a bounty cmapaign?

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February 03, 2021, 09:47:44 AM
 #7

  • Sovryn raised $2.1m from whales in Q4 2020.
  • A further round saw $2.5m reserved by early adopters in Jan 2021

thats really huge money,
by the way, how much the basic price from this project ?regards


Hello Thanks. The price at our Genesis Sale was 2500 Satoshi.


is there any specific time for the public sale ?
because  bring defi to bitcoin is a smart idea, and does there will be a minimum amount to invest in public sale stage ?
There is no specific time for public sale. You can buy in pre-sale, the price is cheaper. Join the waitlist, limited to 2m tokens.
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February 03, 2021, 05:08:30 PM
 #8

So I read that SOV is not an altcoin, coin or stablecoin. So what is the best way to describe it in a few words?
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February 03, 2021, 05:57:14 PM
 #9

I saw the advantages of this project Layer-2 Defi for Bitcoin platform, this is a very extraordinary idea, and now is the last offer to buy in pre-sale in my opinion this sale will not last long, I'm sure everyone will see the advantages of Sovryn

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February 03, 2021, 11:11:52 PM
 #10

There are several big companies behind the Sovryn project, which support to make this project a success, including Monday Capital and Liquality. It looks like Sovryn will have no trouble raising funds. but where can I read about Sovryn's roadmap, I haven't found it yet.

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February 04, 2021, 07:09:02 PM
 #11

Bounty campaign is live now.


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February 04, 2021, 08:00:43 PM
 #12

I cant find twitter account to this project

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February 04, 2021, 08:04:28 PM
 #13

I cant find twitter account to this project

Available at website: https://twitter.com/SovrynBTC

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Algo Stablecoins

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February 05, 2021, 04:43:35 AM
 #14

There are several big companies behind the Sovryn project, which support to make this project a success, including Monday Capital and Liquality. It looks like Sovryn will have no trouble raising funds. but where can I read about Sovryn's roadmap, I haven't found it yet.

indeed, and you should know if the genesis Pre-sale sold out just in minutes, thats really big sign if this project will success mate
and if you interested and want to invest in this project, better to DYOR and register as soon as possible to secure your place in the origin pre-sale

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FISH token sale at Sovryn
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February 05, 2021, 08:18:19 AM
 #15

I cant find twitter account to this project

Available at website: https://twitter.com/SovrynBTC

What about the road map can you help me find it? other than that, is there any detailed information about the token sale time?

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February 05, 2021, 10:15:02 AM
 #16

will this project create a bitcoin blockchain network? then when I searched for reward tokens for bounty participants they asked for the eth erc-20 address, I was a little confused by the Sovryn platform network

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February 05, 2021, 11:25:12 AM
 #17

🗳️🗳️Bitocracy has spoken - SIP 0004 Vote is Complete ✔️
[/size]

Voting for SIP 0004 ended at block #3080227 on the RSK mainnet on 2021/02/04 at 16:48:36.

46,428k votes for the proposal
3,571k votes against

🏆SIP 0004 succeeded!!🏆

With this vote for SIP 0004 comes the minting of an additional 640,746.1868 cSOV tokens, which will automatically be distributed to all addresses that sent funds to the Genesis Reservation Presale but did not receive cSOV due to the unexpectedly massive demand.
Read the full SIP 004 documentation
The allocation of SOV for future programmatic sales was also reduced by 640,746.1868 cSOV with the SIP 0004 vote.


Stay up-to-date on current and upcoming votes in Sovryn’s Bitocracy Discord channel.
💪Stay Sovryn!
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February 05, 2021, 11:10:24 PM
 #18

With this vote for SIP 0004 comes the minting of an additional 640,746.1868 cSOV tokens, which will automatically be distributed to all addresses that sent funds to the Genesis Reservation Presale but did not receive cSOV due to the unexpectedly massive demand.
Read the full SIP 004 documentation
The allocation of SOV for future programmatic sales was also reduced by 640,746.1868 cSOV with the SIP 0004 vote.
How much total supply after SIP 0004? i have been watching the telegram group and it looks like the coins that being minted from the SIP0004 + old initial total supply = new supply?

I see that if the total supply was around 100 million coins. Thank you so much for your response.


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February 06, 2021, 09:02:02 AM
 #19

Is it ok to disclose the price where the whales and early investors bought.?

Also, is there any lock in period for those tokens or they can move it anytime they want..?
Asking this just to be sure before buying...

The project looks nice and will be looking forward to it. Smiley

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luksbit
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February 06, 2021, 09:22:06 PM
 #20


Also, is there any lock in period for those tokens or they can move it anytime they want..?
Asking this just to be sure before buying...


I think there will be no blocking of the tokens, and if it has to be only for those tokens allocated for bounty campaigns or airdrops
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