[ANN] Sovryn - Brings DeFi to Bitcoin - page 2.

Unbunplease

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Quote from: Semar Mesem on August 13, 2022, 06:06:31 AM

Hope there will be a surprise from the team so that it can make Sovryn great again, until now still holding Sovryn and I hope the price in August can reach $ 1, unfortunately when the market is rising these few days but Sovryn looks normal even red.

The problem is that when the token price was high, circulation was limited. Now there are many more coins in circulation. Only burning or buyback will help bring back the previous price

makishart

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Quote from: Semar Mesem on August 13, 2022, 06:06:31 AM

Hope there will be a surprise from the team so that it can make Sovryn great again, until now still holding Sovryn and I hope the price in August can reach $ 1, unfortunately when the market is rising these few days but Sovryn looks normal even red.

I don't even think so. People didn't interested to buy this token anymore. The fact that if the price already plunged so hard. Any token that was getting this pattern will be so difficult to back again to go up. I doubt of sovryn can do another comeback in the future, Team needs more than only focusing with garbage alternative chain like RBTC.

Semar Mesem

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Hope there will be a surprise from the team so that it can make Sovryn great again, until now still holding Sovryn and I hope the price in August can reach $ 1, unfortunately when the market is rising these few days but Sovryn looks normal even red.

royalfestus

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Quote from: poodle63 on August 10, 2022, 07:38:00 PM

Quote from: royalfestus on April 27, 2022, 03:03:28 PM

Am not surprised with the dump back to listing price am only surprised that the team stop allowing projects and crowdfunding for new ones. Could it be that the team is only active when the market is bullish? They also need new idea asides Defi for listing coins

The team was so garbage. It's like a dictator. It could be true. Sovryn price didn't even moving once another token in the market is slowly moving up again. This stupid mechanism that let supply to inflate so fast was hurting the token so much. The team didn't even wanna spend money to be listed on big exchange site. They are always seeing this as a thing that didn't need to be done. This crap may die soon. The price is very very low. It's purely pump and dump based on hype.

When you have a dump at 99% in the bear, the token gets difficult to pick up and very hard predict in the next cycle. Defi is having a very bad experience and I dont think the Defi features in ethereum can revive the idea after the merge. If ethereum cant definitely not rootstock, so they need to come out with new idea, however, using the token as transaction fee put it up. All token on sovryn do not have to Defi. SOV is on one Exchange but they came very late in the cycle to get more listing

poodle63

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Quote from: royalfestus on April 27, 2022, 03:03:28 PM

Am not surprised with the dump back to listing price am only surprised that the team stop allowing projects and crowdfunding for new ones. Could it be that the team is only active when the market is bullish? They also need new idea asides Defi for listing coins

The team was so garbage. It's like a dictator. It could be true. Sovryn price didn't even moving once another token in the market is slowly moving up again. This stupid mechanism that let supply to inflate so fast was hurting the token so much. The team didn't even wanna spend money to be listed on big exchange site. They are always seeing this as a thing that didn't need to be done. This crap may die soon. The price is very very low. It's purely pump and dump based on hype.

koang

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ZERO - How to Never Sell your Bitcoins Again!

Let’s take a look at Zero, the newest protocol developed by the Sovryn Team
Leveraging RSK Technology, a Bitcoin sidechain for smart contracts.
One can access the value of their BTC today without resigning their future valuation.
.
A simple overview of the system analyzing all the different aspects

The first video about Zero, Exciting stuff!
https://www.youtube.com/watch?v=jUXkaejihxQ

koang

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Perpetual Futures are LIVE on Sovryn!

Another major milestone for Sovryn and the Bitcoin DeFi ecosystem.
We’ve launched Sovryn Perpetuals on Sovryn Labs, a product playground where we release experimental new products and features.
We’re starting with a BTC/USD perpetual, with margin in BTC, but we’ll be adding more assets as this product matures.
We hope to have a gold perpetual soon

Our mission is to provide anyone, anywhere with the tools for financial self-sovereignty.

Add another string to your Bitcoin bow!

https://www.sovryn.app/blog/introducing-perpetual-futures-trade-any-asset-using-bitcoin

koang

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Join the waitlist for Zero!

The waitlist for the Zero private beta is now live! Visit the Zero waitlist registration page to register,
secure your place in the queue, and be amongst the first to try out the 0% interest, bitcoin-backed loan.
‍
Zero is an entirely new financial instrument—0% interest loans using bitcoin collateral
without a centralized custodian, with the security of a merged-mined bitcoin sidechain (RSK).
Using Zero, bitcoiners can access the value of their bitcoin without relinquishing ownership or giving custody to a third party.
https://live.sovryn.app/zero

ololajulo

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Rbtc has a longtime relationship with bitcoin and also able to keep the price very close to BTC for many years but I wonder how it has been quietly mentioned with Bitcoin over the years. This should have help coins like sovryn, babels and the rest on the blockchain through the market. Unfortunate Rbtc trade on only 2 top exchanges and the team is doing nothing about it.

koang

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SIP-0048 - Strategic Investment in Sovryn

General Catalyst is proposing to lead an investment round alongside other
strategic investors who share in Sovryn’s mission and wish to partner in the long term

With 99.78% in favor and 0.22% against, it is clear that
General Catalyst will be leading an investment round alongside other strategic investors!

Read the full proposal here:
https://forum.sovryn.app/t/sip-0048-strategic-investment-in-sovryn/2586

koang

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Limit Orders on Sovryn

Sovryn now supports limit orders for spot trading orders. Margin limit orders are coming very soon!
The limit order functionality is decentralized and trustless. Autonomous entities called ‘filler bots’, following the parameters you set, fill the orders.
They are incentivized to do so via a fee-sharing mechanism.

We’d like to point out that for those of you who are technically savvy, you can set up and run a filler bot.
However, we do not provide technical support for this and all risk is placed on the individual.
If this is something you have the technical know-how for and would like to explore, follow the link to the repo here:
https://github.com/DistributedCollective/limitorders_relayer

royalfestus

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Am not surprised with the dump back to listing price am only surprised that the team stop allowing projects and crowdfunding for new ones. Could it be that the team is only active when the market is bullish? They also need new idea asides Defi for listing coins

koang

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Quote from: the rise on April 20, 2022, 04:07:10 PM

yes maybe buying now to increase the number of sovrn tokens can be a solution I also hope that the sovryn platform can continue to work and develop, it can increase again in terms of price and users

Nice price for accumulate more...
And I guess we will not see dumping like before, those who are selling today will realize the mistake.
Those who dump are getting smarter now

All the weak hands got shook out already, nobody left to sell
Accumulate more before people realize the sale price.

the rise

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Quote from: terciduk123 on April 20, 2022, 04:01:23 PM

Quote from: the rise on April 13, 2022, 04:07:32 PM

I am very surprised by the current price of SOV tokens, when it fell very rapidly, I bought it first at a price of $ 14.2 for a long time I did not see developments and did not monitor hoping it would increase much more, this is the opposite as expected Huh

I also didn't think the price of SOV tokens would drop this much, however this is not the case for SOV tokens alone, but for many Altcoins.
Most importantly Sovryn development team is still working well, so we can be patient waiting for the market to improve. Buying it again now can also be a solution to reduce losses

yes maybe buying now to increase the number of sovrn tokens can be a solution I also hope that the sovryn platform can continue to work and develop, it can increase again in terms of price and users

terciduk123

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Quote from: the rise on April 13, 2022, 04:07:32 PM

I am very surprised by the current price of SOV tokens, when it fell very rapidly, I bought it first at a price of $ 14.2 for a long time I did not see developments and did not monitor hoping it would increase much more, this is the opposite as expected Huh

I also didn't think the price of SOV tokens would drop this much, however this is not the case for SOV tokens alone, but for many Altcoins.
Most importantly Sovryn development team is still working well, so we can be patient waiting for the market to improve. Buying it again now can also be a solution to reduce losses

koang

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Activity: 2366

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MYNT Bonding Curve UI launches on Sovryn Labs

The MYNT bonding curve app is now live on Mainnet!
You can trade SOV/MYNT directly using the bonding curve UI.

Sovryn Mynt is an aggregator protocol for BTC-backed stable coins.
MYNT is the governance token of the Sovryn Mynt treasury.
At a technical level, MYNT is a continuous token that is backed by SOV using a bonding curve smart contract.

https://www.sovryn.app/blog/mynt-bonding-curve-ui-launches-on-sovryn-labs

the rise

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I am very surprised by the current price of SOV tokens, when it fell very rapidly, I bought it first at a price of $ 14.2 for a long time I did not see developments and did not monitor hoping it would increase much more, this is the opposite as expected Huh

koang

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SIP-0044 Now LIVE in the Sovryn Bitocracy!

Over the last month, Bitocracy has passed two proposals - SIP-0042 and SIP-0043 -
in order to resolve vulnerabilities in the Staking Contract, detected by our Immunefi Bug Bounty.

SIP-0044 looks to finalize these fixes by resolving the root cause that enabled the vulnerabilities to occur.

Vote here: https://bitocracy.sovryn.app

Read more:
https://www.sovryn.app/blog/sip-0044-is-live-staking-contract-hardening-against-multiple-attack-vectors
Staking contract hardening against multiple attack vectors

bitcoin_user

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Is it possible to borrow fiat? I only see xUSD, rBTC, SOV.

koang

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The new strategy Sovryn Adoption: Operation Champion

Sovryn has been delivering updates and shipping products at a remarkable rate.
The project is so good it deserves way more attention.
Sovryn ‘marketing’ currently sucks. This is inexcusable and must change now.
https://forum.sovryn.app/t/sovryn-marketing-sucks-that-ends-now/2335

SIP-0042: Staking Security Update

Passed with 99.09% of the votes being in favour of improving the security of our Staking contract.

Read this blog post for more information:
https://www.sovryn.app/blog/sip-0042-goes-to-vote-staking-security-update

Topic: [ANN] Sovryn - Brings DeFi to Bitcoin - page 2. (Read 6678 times)