[ANN] Sovryn - Brings DeFi to Bitcoin

[royalfestus]

everything has its time. But I think that after entering other exchanges, the price of sov will skyrocket very quickly.

If the SOV is on a well-known new exchange it may experience a nice change in price but if you expect to experience a high rise immediately and make 100% profit, It's best to think again.

The exchange use is easy and I hope Rbtc can list more of its token on it. There is no marketcap chart with the sovryn either as exchange and as Defi, not even the team is proposing that. I wish Rbtc can launch a token with stable coin which can listed on many exchanges. The project is also planning to add NFT as use case soon

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[X-ray]

everything has its time. But I think that after entering other exchanges, the price of sov will skyrocket very quickly.

If the SOV is on a well-known new exchange it may experience a nice change in price but if you expect to experience a high rise immediately and make 100% profit, It's best to think again.

The exchange use is easy and I hope Rbtc can list more of its token on it. There is no marketcap chart with the sovryn either as exchange and as Defi, not even the team is proposing that. I wish Rbtc can launch a token with stable coin which can listed on many exchanges. The project is also planning to add NFT as use case soon

RBTC already created RUSDT but it's not listed on any exchange site. RSK was creating a bridge between USDT and RUSDT but the problem is if it takes up to almost 1 week to swap your RUSDT to the USDT.
I should remind you that this is about sovryn platform and RBTC is just a bitcoin pegged token on RSK network that was running by bitcoin miners as well.
You can see the marketcap on sovryn app.

[Dalib]

For 24 hours only! Earn 1 of 5 $100 rewards in $SOV for providing the best review of Sovryn's optimised FastBTC in the feedback form on https://test.sovryn.app/wallet (email address required) by Wed. April 28 at 8am UTC.

Get Bitcoin testnet tokens here: https://testnet-faucet.mempool.co/

https://twitter.com/SovrynBTC/status/1386952208546156545?s=20

[johnwest]

For 24 hours only! Earn 1 of 5 $100 rewards in $SOV for providing the best review of Sovryn's optimised FastBTC in the feedback form on https://test.sovryn.app/wallet (email address required) by Wed. April 28 at 8am UTC.

Get Bitcoin testnet tokens here: https://testnet-faucet.mempool.co/

https://twitter.com/SovrynBTC/status/1386952208546156545?s=20

I was trying to do this but couldn't get past an error. It was "Please switch to RSK mainnet" error.

The https://live.sovryn.app/trade site is detecting my Metamask wallet perfectly and I have traded in the past but Test.sovryn won't recognize it. Is there any issue reported already.? Please check this out as I wanted to write a review.

[bitgov]

I'm sorry if my question is stupid, but this is the first time I have been using this platform. I would like to know how / what I need to cover the transfer costs?
I have a some amount of SOVRYN in my wallet, but I don't know what I need / what coin to cover the cost of the transfer from my wallet to the exchange? And where could I buy it?

[lobo13hf]

I'm sorry if my question is stupid, but this is the first time I have been using this platform. I would like to know how / what I need to cover the transfer costs?
I have a some amount of SOVRYN in my wallet, but I don't know what I need / what coin to cover the cost of the transfer from my wallet to the exchange? And where could I buy it?

You have need to buy https://trade.kucoin.com/RBTC-BTC and then transfer your RBTC to your wallet on metamask that already connected to the RSK chain. You should configure your metamask first to be able to connect into the RSK chain. Your RBTC will be used as a way to pay the fees to make transaction int he sovryn platform.

[Lunar Crank]

Guys, what about plans about listing SOV on others exchanges? Has anybody heard something about that? Or Sovryn team was aim at trading SOV only on their own platform...

[NotHatinJustTrollin]

The #SOV /#BTC Loot Drop Calculator is now online with data updated twice daily. Simply input your wallet address and see your share of the rewards for providing liquidity to the pool without logging in to the dapp.

https://wiki.sovryn.app/en/community/tools/sov-btc-loot-drop

[shinratensei_]

Guys, what about plans about listing SOV on others exchanges? Has anybody heard something about that? Or Sovryn team was aim at trading SOV only on their own platform...

You should be patient, there will be lots of cex will come soon. SOVRYN team is still focusing to develop the bridge to the BSC and Ethereum.

In the latest blog already released by the team if SOV will be available on Uniswap but there will be a limitation for SOV that can be traded on UNI and it's up to 75k

https://www.sovryn.app/blog/countdown-spaceship-sovryn-to-planet-uniswap


SOV moon soon.....!!!!!! 

[CryptoYar]

Another good news: Sov coin holders will now be able to trade on uniswap as well.

[..]
Allowing SOV (eSOV) to trade on Uniswap (and other Ethereum dapps) will open Sovryn up to a much larger audience, bringing greater awareness of the project. It will bridge Sovryn with the Ethereum community and ecosystem.
[..]

source

hope that soon it will be listed on a good CEX too.

[mandor]

Guys, what about plans about listing SOV on others exchanges? Has anybody heard something about that? Or Sovryn team was aim at trading SOV only on their own platform...

They should have it, but can't see anything at this time. There was no way he would lock up Sovryn tokens in one place, of course he wanted to reach more people. At least the community manager said there's no detail about that, yet. The team seem not yet reveal the new project roadmap because the old has expired.

[ChrisPop]

Listing SOV on centralized exchanges is certainly not a necessity in my view, but it's nevertheless good for exposure and implicitly increasing volume on both the dapp and the CEX.
On the other side, SOV stakers get rewards from transactions on the Sovryn platform (trading, swapping, lending, borrowing, liquidity providing and perhaps more coming) so trading it on other platforms might cut down on the rewards. That might not be a real concern because as long as the dapp is functioning and prove itself to be reliable and valuable to the users traders and arbitrageurs should do their jobs.

[Dron Pelya]

Listing SOV on centralized exchanges is certainly not a necessity in my view, but it's nevertheless good for exposure and implicitly increasing volume on both the dapp and the CEX.
On the other side, SOV stakers get rewards from transactions on the Sovryn platform (trading, swapping, lending, borrowing, liquidity providing and perhaps more coming) so trading it on other platforms might cut down on the rewards. That might not be a real concern because as long as the dapp is functioning and prove itself to be reliable and valuable to the users traders and arbitrageurs should do their jobs.

I think that you are right in many ways. But just imagine, what influence to the SOV price could make listing on Binance for example. I think no one would refuse such a scenario.

[shinratensei_]

But just imagine, what influence to the SOV price could make listing on Binance for example. I think no one would refuse such a scenario.

Binance didn't need your money but binance needs how good you are in developing your platform. Sustainable development progress is a must to be listed on binance. Sovryn was choosing to focus on its development instead of rushing to get listed on CEX.
The price can grow even it has not yet listed on the centralized exchange site. There will be a very big pump come soon after CEX listing.
I think that cex listing will be happening starting from this month. The team still keeps its promises for cex listing.

[terciduk123]

But just imagine, what influence to the SOV price could make listing on Binance for example. I think no one would refuse such a scenario.

Binance didn't need your money but binance needs how good you are in developing your platform. Sustainable development progress is a must to be listed on binance. Sovryn was choosing to focus on its development instead of rushing to get listed on CEX.
The price can grow even it has not yet listed on the centralized exchange site. There will be a very big pump come soon after CEX listing.
I think that cex listing will be happening starting from this month. The team still keeps its promises for cex listing.

Totally agree with you. for Sovryn, being listed on the CEX exchange is not difficult, it is just a matter of time. don't forget that Sovryn also gets investments from several major exchanges (Bitmex, Bitmax, Gate.io) through a consortium led by Anthony Pompliano’s Pomp Investments.

https://www.sovryn.app/blog/sovryn-begins-trading-as-anthony-pompliano-leads-9m-investment

[NotHatinJustTrollin]

Guys, what about plans about listing SOV on others exchanges? Has anybody heard something about that? Or Sovryn team was aim at trading SOV only on their own platform...

You should be patient, there will be lots of cex will come soon. SOVRYN team is still focusing to develop the bridge to the BSC and Ethereum.

In the latest blog already released by the team if SOV will be available on Uniswap but there will be a limitation for SOV that can be traded on UNI and it's up to 75k

https://www.sovryn.app/blog/countdown-spaceship-sovryn-to-planet-uniswap


SOV moon soon.....!!!!!! 

ATH hit ₿ 0.00111236 (~ $ 63.91)



Should Sovryn postpone launching SOV on uniswap, and instead use the recently completed ethbridge to draw ETH liquidity to our platform instead?

Weigh in on the discussion started by SOV Holder Nakameowdough  on our forum:

https://forum.sovryn.app/t/sovryn-is-a-bitocracy-not-an-ethocracy-a-critique-on-the-uniswap-plan/780


Provide feedback on the SIP that @Dark Knight of  https://babelfish.money/ is proposing to launch $FISH on Sovryn, in our forum:

https://forum.sovryn.app/t/drafting-a-sip-for-babelfish/734

[shinratensei_]

But just imagine, what influence to the SOV price could make listing on Binance for example. I think no one would refuse such a scenario.

Binance didn't need your money but binance needs how good you are in developing your platform. Sustainable development progress is a must to be listed on binance. Sovryn was choosing to focus on its development instead of rushing to get listed on CEX.
The price can grow even it has not yet listed on the centralized exchange site. There will be a very big pump come soon after CEX listing.
I think that cex listing will be happening starting from this month. The team still keeps its promises for cex listing.

Totally agree with you. for Sovryn, being listed on the CEX exchange is not difficult, it is just a matter of time. don't forget that Sovryn also gets investments from several major exchanges (Bitmex, Bitmax, Gate.io) through a consortium led by Anthony Pompliano’s Pomp Investments.

https://www.sovryn.app/blog/sovryn-begins-trading-as-anthony-pompliano-leads-9m-investment

Ascendex and Gateio were parts of pompliano investment firm and that could be easy for SOV to be listed on CEX.
This time the team is still getting in touch with ethereum bridge and UNI swap roadmap.

Guys, what about plans about listing SOV on others exchanges? Has anybody heard something about that? Or Sovryn team was aim at trading SOV only on their own platform...

You should be patient, there will be lots of cex will come soon. SOVRYN team is still focusing to develop the bridge to the BSC and Ethereum.

In the latest blog already released by the team if SOV will be available on Uniswap but there will be a limitation for SOV that can be traded on UNI and it's up to 75k

https://www.sovryn.app/blog/countdown-spaceship-sovryn-to-planet-uniswap


SOV moon soon.....!!!!!! 

Should Sovryn postpone launching SOV on uniswap, and instead use the recently completed ethbridge to draw ETH liquidity to our platform instead?

Weigh in on the discussion started by SOV Holder Nakameowdough  on our forum:

https://forum.sovryn.app/t/sovryn-is-a-bitocracy-not-an-ethocracy-a-critique-on-the-uniswap-plan/780

Every day new ATH achieved by SOV. that shows how potential the project is. So many people are keeping their SOV for long-term investment. I thought that there should not be a postponement for Uniswap listing.
More people to come from UNI will increase the liquidity of SOV.

[NotHatinJustTrollin]

FastBTC is being updated and will result in the UI showing a "in maintainance mode" notice for approximately 30 minutes while the nodes update, which means that the service will be temporarily unavailable. Update the dapp in 30 mins, and experience FASTER FastBTC!

With this update, transactions complete Immediately after 1 confirmation on the bitcoin side, which translates to an  average of 10-15 minutes for a transaction to complete, depending on the gas-fee settings

Cointrader has added SOV to their charts:

https://charts.cointrader.pro/charts.html?coin=SOVRYN%3AUSD

https://twitter.com/cointrader_pro/status/1389141166076178438?s=2


"#DeFi will improve with time."

Sober, well grounded piece by Kyle Torpey, with a mention of Sovryn.

https://cryptonews.com/exclusives/how-bitcoin-and-defi-are-completely-different-phenomena-10042.htm

[johnwest]

The current price right now is showing 66$ for SOV and am really happy that I bought it in the early season.
Hopefully, https://coinmarketcap.com/currencies/sovryn/ will start showing the data soon. Even Blockfolio has not added SOV yet but I have sent a request to them.

I urge the community to do the same, please. If more people request it then it will be added soon.

[WalkerIVIV]

Even Blockfolio has not added SOV yet but I have sent a request to them.

I urge the community to do the same, please. If more people request it then it will be added soon.

I have been giving my vote for sovryn to be listed on blockfolio but it seems like we must encourage more users to create a request to the blockfolios. Some people in the trading group of sovryn have been doing the same like me to submit their request to the blockfolio for sure.