[ANN] Sovryn - Brings DeFi to Bitcoin

[Wik23]

The tokens purchased from the Genesis sale will be locked up for 10 months with 1/10th released each month.

The early funders will have their tokens locked up for upto 3 years.

The website (sovryn.app) has some FAQ's.

You can find their Blackpaper here: token.sovryn.app

Join the telegram group announcement channel to keep upto date: @SovrynAnnouncements

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[shinratensei_]

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

It's should be on the genesis sale which was 2500 satoshi for each token / $1 for each token.

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.

I don't think if there will be a locking period for the bounty or origin private sale. Tokens that owned by the whales will be locked and it will be opened proportionally based on the earl agreement. Someone above me already posted it dude.

[cryptoaddictchie]

How does this work on defi and connection to bitcoin. 2.1m USD is big raised and this enough to cover some required marketing for massive adoption but what's important is the demand of it. I signed up to the private sale can I know when and how much is the allocation for this? It seems that details yet but I do hope you can informed as ahead of time.

Ive seen yfl promoting sovryn and potential launch in their feature linkpad does it mean we need to have yfl tokens to be able to participate? Hope not.

[Aletheaminlin]

It seems that this is a very potential project to increase profits right now, I will research more about it, if so please tell me more details about WL, how can we buy single tokens? simpler?

[Sovryn]

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.

Yes, that's interesting to know. Because if there is no lock-in period for those whales who bought at a cheaper price, they may just dump it in the market once they see that they are in profit. But that's the usual thing that may happen. But if the project is rock solid, they can always rise after the dump.

Yes - There is a long lock in period for early investors!

Founders tokens have 3 year vesting with 6 month cliff
Genesis reservation has 10 month vesting and price was 2500 sats
Origins presale price is to be voted on by the community shortly and price is suggested to be between 3k and 10k depending on demand

[Sovryn]

It seems that this is a very potential project to increase profits right now, I will research more about it, if so please tell me more details about WL, how can we buy single tokens? simpler?

The Waitlist is open for a short while longer here:
token.sovryn.app.

We will be taking action very soon to deliver the Origins presale

[preikaler]

I really hope to be able to join the sale.

Don't just hope, but if you really believe in this project, the short steps you have to do now are go to the website and register, because if you are late then you will not get place to buy at cheap price

[the rise]

I really hope to be able to join the sale.

Don't just hope, but if you really believe in this project, the short steps you have to do now are go to the website and register, because if you are late then you will not get place to buy at cheap price

You are right, very many investors are interested here, we will see their history. GENESIS PRE-SALE SOLD OUT IN MINUTES, so if you are late you will be left behind, of course we will lose a very valuable moment.

[BitzMD]

Fortunately, I’ve already registered . Anything else to do or just wait for an announcement at this point?

[Santri]

Fortunately, I’ve already registered . Anything else to do or just wait for an announcement at this point?

You should go straight to the telegram and ask the team there because if you just wait here you will miss important news but for this one, all I know is waiting for the announcement

[WalkerIVIV]

Fortunately, I’ve already registered . Anything else to do or just wait for an announcement at this point?

Keep your eyes to watch the announcement group https://t.me/SovrynAnnouncements

Any update by the team will be published on that group. I can't wait to participate in the origin sale. it has been a long time since the last legit ico that used bitcoin to raise the funds and this is the first defi in bitcoin.
Im really exciting to see the result from the sale. 

[ubercool]

Yes - There is a long lock in period for early investors!

Founders tokens have 3 year vesting with 6 month cliff
Genesis reservation has 10 month vesting and price was 2500 sats
Origins presale price is to be voted on by the community shortly and price is suggested to be between 3k and 10k depending on demand

Thank you for that quick response.

I also want to know whether there is any plan to list on any exchanges or will be available in liquidity pools.?

I see there are constant updates on the "DistributedCollective" Github page, hopefully will see the roadmap executed in time.

[_IRMAN]

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

I thought yes, this project will create their own network, because after I searched from the blackpaper I found no words that this project will use the ERC20 network

[Teraboy]

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

You meant CSOV, right? it's a temporary token that will be fully swapped into the token that build in side chain of bitcoin (RSK) when it will be fully operated.
It's clearly says by the team on the telegram group if the team will be doing the swap to the old SOV token

[Sovryn]

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?

We anticipate holding the token sale towards the end of the bounty program

[Sovryn]

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

I thought yes, this project will create their own network, because after I searched from the blackpaper I found no words that this project will use the ERC20 network

The RSK blockchain is accessible from Metamask and other wallets like Nifty.
However, dev team is exploring options given the ETH>BTC bridge capacity
A Metamask wallet serves both scenarios

[Sovryn]

It seems that this is a very potential project to increase profits right now, I will research more about it, if so please tell me more details about WL, how can we buy single tokens? simpler?

Join the WL here token.sovryn.app very soon if you wish to take part in the presale. Otherwise main sale will be towards the end of the bounty program

[_IRMAN]

The RSK blockchain is accessible from Metamask and other wallets like Nifty.
However, dev team is exploring options given the ETH>BTC bridge capacity
A Metamask wallet serves both scenarios

Is it true ? I just found out now that metamask supports RSK networks, how to set up ?

[kaeluxdeuz]

Is there any update as to when its the pre-sale going to start, what's the minimum amount of participation and if the tokens will be locked or not?

[lonerangerh]

When the presale happens, will it be using BTC or ETH? or both?