[ANN] Sovryn - Brings DeFi to Bitcoin - page 11.

shinratensei_

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Quote from: Dron Pelya on May 01, 2021, 03:25:17 PM

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.

Dron Pelya

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Quote from: ChrisPop on May 01, 2021, 01:35:29 PM

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.

ChrisPop

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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.

mandor

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Quote from: Lunar Crank on April 29, 2021, 02:47:48 PM

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.

CryptoYar

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

Quote

[..]
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.

shinratensei_

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Quote from: Lunar Crank on April 29, 2021, 02:47:48 PM

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.....!!!!!!

NotHatinJustTrollin

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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

Lunar Crank

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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...

lobo13hf

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Quote from: bitgov on April 28, 2021, 05:36:24 PM

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.

bitgov

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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?

johnwest

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Quote from: Dalib on April 27, 2021, 01:22:20 PM

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.

Dalib

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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

X-ray

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Quote from: royalfestus on April 26, 2021, 04:47:23 PM

Quote from: pantek talacuik on April 25, 2021, 07:21:57 AM

Quote from: ?? on ??

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.

royalfestus

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Quote from: pantek talacuik on April 25, 2021, 07:21:57 AM

Quote from: ?? on ??

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

nimogsm

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Quote from: kojektea on April 26, 2021, 01:36:06 PM

Quote from: aTriz on April 26, 2021, 11:14:24 AM

Quote from: dihari on April 25, 2021, 12:39:46 AM

What about the fees? What will be the fees for swapping sov pairs on sovryn app? Is it will be the same as any others ethereum AMM platforms?
I just hope the app bringing the solution for high fees problem.

as Sovryn is built top of rsk mainnet. so the fees for dapps on rsk mainnet are not same as ethereum AMM platforms.. I heard people were sending SOV tokens and rBTC with as low as only $0.2 it is a few weeks old thing. the fee could be different with time and depending on network load. but it is still not as high as Ethereum.
Tip: always set your rsk gas to 0.06 GWEI.

You are right but sometimes it takes a long time to withdraw rbtc via the exchange, does the RSK network take more time to confirm? does it only apply to exchanges, and when sending between walet is fast right?

transactions between wallets go quickly, but to send rbtc to the exchange, for example, kucoin, you need 250 confirmations and it takes a long time.

kojektea

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Quote from: aTriz on April 26, 2021, 11:14:24 AM

Quote from: dihari on April 25, 2021, 12:39:46 AM

What about the fees? What will be the fees for swapping sov pairs on sovryn app? Is it will be the same as any others ethereum AMM platforms?
I just hope the app bringing the solution for high fees problem.

as Sovryn is built top of rsk mainnet. so the fees for dapps on rsk mainnet are not same as ethereum AMM platforms.. I heard people were sending SOV tokens and rBTC with as low as only $0.2 it is a few weeks old thing. the fee could be different with time and depending on network load. but it is still not as high as Ethereum.
Tip: always set your rsk gas to 0.06 GWEI.

You are right but sometimes it takes a long time to withdraw rbtc via the exchange, does the RSK network take more time to confirm? does it only apply to exchanges, and when sending between walet is fast right?

aTriz

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Quote from: dihari on April 25, 2021, 12:39:46 AM

What about the fees? What will be the fees for swapping sov pairs on sovryn app? Is it will be the same as any others ethereum AMM platforms?
I just hope the app bringing the solution for high fees problem.

as Sovryn is built top of rsk mainnet. so the fees for dapps on rsk mainnet are not same as ethereum AMM platforms.. I heard people were sending SOV tokens and rBTC with as low as only $0.2 it is a few weeks old thing. the fee could be different with time and depending on network load. but it is still not as high as Ethereum.
Tip: always set your rsk gas to 0.06 GWEI.

makishart

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Quote from: lonerangerh on April 26, 2021, 07:45:42 AM

We now have a rewards calculator on the Wiki for the BTC/USDT April Loot Drop updated once daily.

Paste your wallet address to get your Loot Drop %, along with SAT & USD equivalent value at the time of your query. No need to log in to the dapp!

Before you ask "wen SOV/BTC Loot Drop Calculator ser?", the answer is "soon". Stay tuned for updates!

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

https://twitter.com/SovrynBTC/status/1386647846351478785?s=20

Glad to see this, i will try to use it asap.

Quote from: triat on April 26, 2021, 04:05:56 AM

Quote from: makishart on April 25, 2021, 04:38:37 PM

Quote from: dihari on April 25, 2021, 12:39:46 AM

What about the fees? What will be the fees for swapping sov pairs on sovryn app? Is it will be the same as any others ethereum AMM platforms?
I just hope the app bringing the solution for high fees problem.

That needs only 3 cents to swap your sov to the RBTC or RUSDT on the platform. It's better for you to do a research with your due diligence.
You just need to join in sovryn telegram group and then try to hit the search bar to get more information about how much fees needed to swap your SOV.
It's fucking cheap compared with ethereum or even BNB.
RSK is undervalued chain at this moment.

I just didn't like the fact that in order to transfer rbtc to kucoin, you need to wait for 250 confirmation blocks. But this is not a claim to the network. I liked the rbtc network itself very much. Everything is fast and the commission is minimal.

Kucoin has a reason for that. The withdrawal for RBTC from kucoin needs less than a few minutes. Kucoin needs to make sure the transaction is safe. This is also applied to the all of coins in kucoin.

lonerangerh

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A Token Power Raffle Platform In The Ecosys

We now have a rewards calculator on the Wiki for the BTC/USDT April Loot Drop updated once daily.

Paste your wallet address to get your Loot Drop %, along with SAT & USD equivalent value at the time of your query. No need to log in to the dapp!

Before you ask "wen SOV/BTC Loot Drop Calculator ser?", the answer is "soon". Stay tuned for updates!

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

https://twitter.com/SovrynBTC/status/1386647846351478785?s=20

triat

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Quote from: makishart on April 25, 2021, 04:38:37 PM

Quote from: dihari on April 25, 2021, 12:39:46 AM

What about the fees? What will be the fees for swapping sov pairs on sovryn app? Is it will be the same as any others ethereum AMM platforms?
I just hope the app bringing the solution for high fees problem.

That needs only 3 cents to swap your sov to the RBTC or RUSDT on the platform. It's better for you to do a research with your due diligence.
You just need to join in sovryn telegram group and then try to hit the search bar to get more information about how much fees needed to swap your SOV.
It's fucking cheap compared with ethereum or even BNB.
RSK is undervalued chain at this moment.

I just didn't like the fact that in order to transfer rbtc to kucoin, you need to wait for 250 confirmation blocks. But this is not a claim to the network. I liked the rbtc network itself very much. Everything is fast and the commission is minimal.

Topic: [ANN] Sovryn - Brings DeFi to Bitcoin - page 11. (Read 6858 times)