Topic: [ANN] Sovryn - Brings DeFi to Bitcoin - page 17. (Read 6684 times)
So participants already can redeem their reserved cSOV tokens for SOV or redeem cSOV for RBTC if they decide to exit the system?
I am thinking of joining the Sovryn bounty campaign. So I will ask you directly, because I can see that there are many doubts.
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
SOV is sent through the RSK network. However the MetaMask RSK wallet address corresponds to your MetaMask ERC20 wallet address. So the only thing you need to do is configure the RSK network in your MetaMask. Here's a guide for that: https://developers.rsk.co/wallet/use/metamask/
So we have to do it before the SOV will be send. In other case the transaction will fail, and we will lose tokens... Am I right? Anyway, thanks for futher unsvers.
I am thinking of joining the Sovryn bounty campaign. So I will ask you directly, because I can see that there are many doubts.
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
Not until you go through the steps to connect your metamask to RSK mainnet.
You will not be able to receive SOV onto the Ethereum mainnet (which is likely your default position for metamask)
You will need to connect to the RSK mainnet which is simple enough.
When you want to use ETH again you switch between RSK and ETH mainnets easily with one click. Infact in my expecrience the wallet often prompts you that you are on the wrong blockchain if you forget to switch
If someone still doesn't understand / is confused about how to connect ERC20 wallet with RSK mainnet via metamask, you just need to read some comments before this comment. there are already several article links that will definitely help you a lot.
Important news for cSOV holders.
cSOV holders can redeem SOV starting at 15:00 UTC on Thursday, February 18th.
read more: https://sovryn.app/blog/genesis-reservation-update-csov-will-soon-be-redeemable-for-sov-1-1.html
Important news for cSOV holders.
cSOV holders can redeem SOV starting at 15:00 UTC on Thursday, February 18th.
read more: https://sovryn.app/blog/genesis-reservation-update-csov-will-soon-be-redeemable-for-sov-1-1.html
I am thinking of joining the Sovryn bounty campaign. So I will ask you directly, because I can see that there are many doubts.
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
Not until you go through the steps to connect your metamask to RSK mainnet.
You will not be able to receive SOV onto the Ethereum mainnet (which is likely your default position for metamask)
You will need to connect to the RSK mainnet which is simple enough.
When you want to use ETH again you switch between RSK and ETH mainnets easily with one click. Infact in my expecrience the wallet often prompts you that you are on the wrong blockchain if you forget to switch
I am thinking of joining the Sovryn bounty campaign. So I will ask you directly, because I can see that there are many doubts.
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
SOV is sent through the RSK network. However the MetaMask RSK wallet address corresponds to your MetaMask ERC20 wallet address. So the only thing you need to do is configure the RSK network in your MetaMask. Here's a guide for that: https://developers.rsk.co/wallet/use/metamask/
I am thinking of joining the Sovryn bounty campaign. So I will ask you directly, because I can see that there are many doubts.
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
If I have an ERC20 address created in Myetherwallet, will I receive a reward in SOV to that address, or not?
Sorry, for my question, but this situation hard to understand. If I get SOV on Metamask ETH adreess, I will not be able to send it or another ETH address (not Meatamsk)? Unfortunatelly, I'm not good known about RSK mainnet...
You must make sure that you change from ETH mainnet to RSK mainnet within metamask, to be able to interface with SOV.
There are other wallets that support RSK mainnet like Nifty, Mathwallet and Liquality - but Metamask is the most commonly known.
One thing to watch with Metamask is always check your transaction fees - they don't always autofill
Sorry, for my question, but this situation hard to understand. If I get SOV on Metamask ETH adreess, I will not be able to send it or another ETH address (not Meatamsk)? Unfortunatelly, I'm not good known about RSK mainnet...
Im not sure about this but as far as i understand when you are signing use your ethereum wallet through metamask and then you configure your metamask to be able to connect with RSK main net and i think that you will able to send it to another address. The received should have connected to the RSK main net to make sure if the address exists. If you are sending to the ethereum address that never connects to the RSK mainnet and you will be losing your asset. I have been observing it and it seems like that's correct.
Sorry, for my question, but this situation hard to understand. If I get SOV on Metamask ETH adreess, I will not be able to send it or another ETH address (not Meatamsk)? Unfortunatelly, I'm not good known about RSK mainnet...
Im not sure about this but as far as i understand when you are signing use your ethereum wallet through metamask and then you configure your metamask to be able to connect with RSK main net and i think that you will able to send it to another address. The received should have connected to the RSK main net to make sure if the address exists. If you are sending to the ethereum address that never connects to the RSK mainnet and you will be losing your asset. I have been observing it and it seems like that's correct.
Sorry, for my question, but this situation hard to understand. If I get SOV on Metamask ETH adreess, I will not be able to send it or another ETH address (not Meatamsk)? Unfortunatelly, I'm not good known about RSK mainnet...
https://medium.com/sovryn/setting-up-metamask-for-sovryn-on-mainnet-cbf798ca0c9a
You can find all of detail regarding how to connect to the rsk blockchain through metamask. You can also search some messages on the sovryn telegram group regarding how you can do that dude.
It takes only a few minutes to setting your metamask.
I will be following these steps thank you for sharing this mate, This is a big help to some beginners who like me to set up their RSK blockchain and also good for the upcoming distributions on how we can manage and find our sovryn tokens.
If im wrong please clerify to me
Your Erc20 address is the same like your RSK address but the only make it different if you must change your main net to the RSK. When you are changing the mainnet and your ERC address will be automatically converted into the RSK address and it's still the same address. 
I wonder if metamask is the only wallet that support the RSK mainnet because when i tried to make an rBTC withdrwal from kucoin it show "dont use erc20 adress" but the adress showen in metamask is an erc20 adress...i think only the adresses that generated from metamask are compatible with the RSK network
If im wrong please clerify to me
If im wrong please clerify to me
Sovryn have started the vote on SIP0005 - this is scheduled to complete tomorrow at 11am UTC. If successful, Genesis reservation participants will be able to redeem their cSOV tokens for SOV starting on Thursday at 3pm UTC. Watch for further updates.
Link for SIP 0005 here:
https://github.com/DistributedCollective/SIPS/blob/SIP0005/SIP-0005.md
If you are wondering what the SIP is follow this link:
https://forum.sovryn.app/t/draft-sip-x-the-sovryn-improvement-proposal-process/125
or our black paper:
https://docsend.com/view/mbhvi379crhagtwp
Link for SIP 0005 here:
https://github.com/DistributedCollective/SIPS/blob/SIP0005/SIP-0005.md
If you are wondering what the SIP is follow this link:
https://forum.sovryn.app/t/draft-sip-x-the-sovryn-improvement-proposal-process/125
or our black paper:
https://docsend.com/view/mbhvi379crhagtwp
POMP Podcast hosts AMA live with Sovryn's Edan Yago - watch it here:
https://youtu.be/w54FjzB9bAw
https://youtu.be/w54FjzB9bAw
does my internet network have a problem? I can't access the website you provided. Or this website can't be opened?
I think it's not a website address for us to access, it's an RPC address for us to set up the network in metamask.So, but how to use it you can explain in detail to me? I don't really understand the details about it and maybe I find out in the telegram group this project.
https://medium.com/sovryn/setting-up-metamask-for-sovryn-on-mainnet-cbf798ca0c9a
You can find all of detail regarding how to connect to the rsk blockchain through metamask. You can also search some messages on the sovryn telegram group regarding how you can do that dude.
It takes only a few minutes to setting your metamask.
Ok, I'll try for a few minutes to read about the link you gave me. thank you and really help me. Hope this goes easy.
There is something I don't understand fully with this project and I will appreciate if any can explain further and clearer for me.
What blockchain is the project hosted on?
I saw sike update about erc-20 of metamask, the project is already mainet launch, how will the transactions run in their chain and what is going to be use as gas fee. I can see erc-20 and Sametime RPC nextwrok. It's confusing at the same time.
What blockchain is the project hosted on?
I saw sike update about erc-20 of metamask, the project is already mainet launch, how will the transactions run in their chain and what is going to be use as gas fee. I can see erc-20 and Sametime RPC nextwrok. It's confusing at the same time.
RSK not RPC, Sovryn is currently on rsk network from what I understand the reason why you will need some rbtc for transaction fees, for the erc20, I read they are planning to have sovryn on erc20 as well but that will be in the near future, I think the metamask thing is what is making some people to be confused, it seems you can choose the rsk network using metamask.
All details can be found on their official telegram group.
In my opinion, this may be one obstacle for their adoption. Though using metamask is now easy, some people still find it bit complicated. But anyway, they should make their platform user-friendly so people will have no hesitation checking out their project.
There is something I don't understand fully with this project and I will appreciate if any can explain further and clearer for me.
What blockchain is the project hosted on?
I saw sike update about erc-20 of metamask, the project is already mainet launch, how will the transactions run in their chain and what is going to be use as gas fee. I can see erc-20 and Sametime RPC nextwrok. It's confusing at the same time.
What blockchain is the project hosted on?
I saw sike update about erc-20 of metamask, the project is already mainet launch, how will the transactions run in their chain and what is going to be use as gas fee. I can see erc-20 and Sametime RPC nextwrok. It's confusing at the same time.
RSK not RPC, Sovryn is currently on rsk network from what I understand the reason why you will need some rbtc for transaction fees, for the erc20, I read they are planning to have sovryn on erc20 as well but that will be in the near future, I think the metamask thing is what is making some people to be confused, it seems you can choose the rsk network using metamask.
All details can be found on their official telegram group.
In my opinion, this may be one obstacle for their adoption. Though using metamask is now easy, some people still find it bit complicated. But anyway, they should make their platform user-friendly so people will have no hesitation checking out their project.
does my internet network have a problem? I can't access the website you provided. Or this website can't be opened?
I think it's not a website address for us to access, it's an RPC address for us to set up the network in metamask.So, but how to use it you can explain in detail to me? I don't really understand the details about it and maybe I find out in the telegram group this project.
https://medium.com/sovryn/setting-up-metamask-for-sovryn-on-mainnet-cbf798ca0c9a
You can find all of detail regarding how to connect to the rsk blockchain through metamask. You can also search some messages on the sovryn telegram group regarding how you can do that dude.
It takes only a few minutes to setting your metamask.
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