[ANN] Sovryn - Brings DeFi to Bitcoin - page 4.

Dron Pelya

sr. member

Activity: 1302

Merit: 403

Quote from: UmerIdrees on November 05, 2021, 02:31:21 AM

Quote from: koang on October 29, 2021, 08:23:38 AM

People getting bearish and selling, good time to buy

The project is running and live for only 7/8 months.
Look what Sovryn has achieved already and what is in the pipeline.
I think we can see $60/SOV by the end of the year. IMO

The current price of Sovryn is around 23$ and i am interested to invest some amount in this project. Can you tell me from where i can buy this coin and would it be worth a long term investment ?
Also i would like to know how and where we can do staking of Sovryn ?

Buying from https://live.sovryn.app/ will save the tx fees ?

You can find all possible way to buy SOV in coinmarketcap for example. The most high volume of SOV trading is on Gate.io, KuCoin, Uniswap. If you buy SOV on sovryn.app, you will pay fee in BTC.

UmerIdrees

hero member

Activity: 2226

Merit: 834

Quote from: koang on October 29, 2021, 08:23:38 AM

People getting bearish and selling, good time to buy

The project is running and live for only 7/8 months.
Look what Sovryn has achieved already and what is in the pipeline.
I think we can see $60/SOV by the end of the year. IMO

The current price of Sovryn is around 23$ and i am interested to invest some amount in this project. Can you tell me from where i can buy this coin and would it be worth a long term investment ?
Also i would like to know how and where we can do staking of Sovryn ?

Buying from https://live.sovryn.app/ will save the tx fees ?

koang

sr. member

Activity: 2366

Merit: 264

The community supports the Origins Subprotocol!

SIP-0035 has passed with 99.99% in favor of the terms set out in the SIP
Origins are going for an independent road as a new Sovryn Subprotocol!

nira09

full member

Activity: 1316

Merit: 105

Quote from: koang on October 29, 2021, 08:23:38 AM

People getting bearish and selling, good time to buy

The project is running and live for only 7/8 months.
Look what Sovryn has achieved already and what is in the pipeline.
I think we can see $60/SOV by the end of the year. IMO

Yes, I think Sovryn will start an uptrend soon. Sovryn has had enough corrections and has been on the low for quite a while.
Don't forget to cast your vote in SIP-0035: ORIGINS AS A SUBPROTOCOL. If this SIP is realized it will have a big impact on demand and interest in SOV tokens.

Read more here

koang

sr. member

Activity: 2366

Merit: 264

People getting bearish and selling, good time to buy

The project is running and live for only 7/8 months.
Look what Sovryn has achieved already and what is in the pipeline.
I think we can see $60/SOV by the end of the year. IMO

Dron Pelya

sr. member

Activity: 1302

Merit: 403

Quote from: sinedust on October 25, 2021, 08:42:13 AM

new interview with Edan Yago
https://hackernoon.com/what-we-call-defi-today-will-just-be-called-finance-tomorrow?utm_source=hootsuite&utm_medium=twitter&utm_term=4b3dbedd-ba61-4b9e-9414-d4378769026a&utm_content=sovrynbtc&utm_campaign=hackernoon

Interesting article. Edan Yago explained the main things and advantages of Sovryn with easy words. Waiting for further stages of Sovryn development impatiently.

sinedust

jr. member

Activity: 58

Merit: 5

new interview with Edan Yago
https://hackernoon.com/what-we-call-defi-today-will-just-be-called-finance-tomorrow?utm_source=hootsuite&utm_medium=twitter&utm_term=4b3dbedd-ba61-4b9e-9414-d4378769026a&utm_content=sovrynbtc&utm_campaign=hackernoon

nira09

full member

Activity: 1316

Merit: 105

Quote from: ?? on ??

Quote from: nira09 on October 14, 2021, 12:11:31 PM

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

Guys, what about SOV staking? As I understand, if I stake SOV, I will get some voting power, but not SOV. Am I right?

That's right, your SOV Tokens don't increase when you stake your SOV tokens, but you get voting power and USD from profit sharing from transaction fees.

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

I understand that voting power helps me to take part in project development. But for now I would like to stake SOV and to get some assets, I could sell. Is there such possibility?

There is such a possibility, it's just that there are some provisions and don't apply at all times. When we staking SOV tokens we can get Airdrops when there are new projects to be launched through Sovryn, like BabelFish, Yesterday some people who staked their SOV tokens got Airdrops from BabelFish, if they qualify.

seem babelfish does not have its thread in the forum, the development is slow and very little development/awareness from it. What blockchain is the BNB on the sovryn trade? does the multichain bridge works at the moment for any coin? if it does, please share the type of coins

I don't think I need to answer this question since it's already been answered by Sovryn and
Jeff Brad12.
Thank you for answering well.

Important Update for Sovryn community.
Voting for SIP-0030 "Concentrating Staking Revenues" is now live, Voting will take place for 24 hours from the start of voting. So please cast your vote.

Sovryn

copper member

Activity: 20

Merit: 2

Quote from: ?? on ??

Quote from: nira09 on October 14, 2021, 12:11:31 PM

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

Guys, what about SOV staking? As I understand, if I stake SOV, I will get some voting power, but not SOV. Am I right?

That's right, your SOV Tokens don't increase when you stake your SOV tokens, but you get voting power and USD from profit sharing from transaction fees.

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

I understand that voting power helps me to take part in project development. But for now I would like to stake SOV and to get some assets, I could sell. Is there such possibility?

There is such a possibility, it's just that there are some provisions and don't apply at all times. When we staking SOV tokens we can get Airdrops when there are new projects to be launched through Sovryn, like BabelFish, Yesterday some people who staked their SOV tokens got Airdrops from BabelFish, if they qualify.

seem babelfish does not have its thread in the forum, the development is slow and very little development/awareness from it. What blockchain is the BNB on the sovryn trade? does the multichain bridge works at the moment for any coin? if it does, please share the type of coins

Having a thread is not necessary. Babelfish holding pretty well. and development is going on at its pace.
Sovryn's mulit chain bridge is fully functional and supports BNB, ETH and almost all the stable coins in both network.

Regards

nira09

full member

Activity: 1316

Merit: 105

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

Guys, what about SOV staking? As I understand, if I stake SOV, I will get some voting power, but not SOV. Am I right?

That's right, your SOV Tokens don't increase when you stake your SOV tokens, but you get voting power and USD from profit sharing from transaction fees.

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

I understand that voting power helps me to take part in project development. But for now I would like to stake SOV and to get some assets, I could sell. Is there such possibility?

There is such a possibility, it's just that there are some provisions and don't apply at all times. When we staking SOV tokens we can get Airdrops when there are new projects to be launched through Sovryn, like BabelFish, Yesterday some people who staked their SOV tokens got Airdrops from BabelFish, if they qualify.

shinratensei_

legendary

Activity: 3080

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

Guys, what about SOV staking? As I understand, if I stake SOV, I will get some voting power, but not SOV. Am I right?

Yes you will get voting power if you're staking SOV but that if you wanna get SOV and you must have participated in the farm yield. You can read more about staking here https://wiki.sovryn.app/en/governance/staking-vesting-voting
When you're staking and you will be getting the fees.

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

I understand that voting power helps me to take part in project development. But for now I would like to stake SOV and to get some assets, I could sell. Is there such possibility?

There's but it must yield farming. https://live.sovryn.app/yield-farm There will always be a vesting period and you won't able to sell your coin before it got unlocked.

nimogsm

hero member

Activity: 2632

Merit: 649

Quote from: Dron Pelya on October 10, 2021, 09:13:08 AM

Guys, what about SOV staking? As I understand, if I stake SOV, I will get some voting power, but not SOV. Am I right?

I understand that voting power helps me to take part in project development. But for now I would like to stake SOV and to get some assets, I could sell. Is there such possibility?

If I understood you correctly, then yes there is such an opportunity.You need to go to this section: https://live.sovryn.app/yield-farm and provide liquidity there, on this you can earn from commissions.This option should help you. Your question can be answered in more detail in the telegram group.

Dron Pelya

sr. member

Activity: 1302

Merit: 403

Guys, what about SOV staking? As I understand, if I stake SOV, I will get some voting power, but not SOV. Am I right?

I understand that voting power helps me to take part in project development. But for now I would like to stake SOV and to get some assets, I could sell. Is there such possibility?

nira09

full member

Activity: 1316

Merit: 105

Yes, I also just read this news on the Sovryn blog, and the news caused a huge increase to the SOV token price.
The formation of this Alliance really has a big impact on all parties, Bitcoin Adoption in El Salvador will increase and Sovryn will be more alive with increasing transactions.

shinratensei_

legendary

Activity: 3080

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Sovryn has officially partnered with el-salvador bank to provide defi for the bank's customer.

https://www.coindesk.com/business/2021/10/07/el-salvadors-state-owned-banco-hipotecario-taps-four-crypto-startups-for-blockchain-solutions/

Quote

According to Edan Yago, co-founder of Sovryn, there could be custody products with the ability to provide information from the bank through APIs to the blockchain and vice versa, in addition to the development of lending and trading services, and bitcoin-backed stablecoins.

It seems like that the massive adoption for sovryn was growing up a lot. The total value locked in sovryn app was also surpassing more than 100 millions USD right now. The daily volume trade on sovryn was also increasing a lot. Will sovryn be listed on binance? we will see

shinratensei_

legendary

Activity: 3080

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: terciduk123 on September 27, 2021, 11:24:10 PM

Quote from: shinratensei_ on September 27, 2021, 07:28:58 PM

The next cex will be coming again for sovryn. After Ascendex and gateio, sovryn will be listed in new cex. https://twitter.com/sovrynbtc/status/1440637363441455113?s=21

Mass expansion to the cex brings more and more users to the sovryn. Sovryn for the future bitcoin defi. Exilled was also doing marketing AMA http://youtu.be/9n3OCgOeZ6E

SOV will be slowly walking to the 100k satoshi again. Cool

Glad to hear this news, I'm sure the SOV token will be listed on popular exchanges like Kucoin, Huobi, or Binance.

Already listed on the kucoin. Binance and huobi became the next target to list SOV coins. It's clearly stated on the announcement that already made by sov if the biggest planet was binance consider from its color.

Quote from: terciduk123 on September 27, 2021, 11:24:10 PM

After being listed on the CEX Exchange, the trading volume of SOV tokens got a lot of improvement, the community responded positively to this development. Buy more SOV.

Sure, The daily trade volume of sov was also increasing drastically after it was getting listed on a few top-tier exchange sites in a short time. i think if SOV can enter at least FTX and huobi will bring a very big demand again.

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: Blowon on September 29, 2021, 06:30:08 PM

the more projects that want to cooperate with Sovryn the farther Sovryn will fly Wink

Sure, there are some major exchange sites are still on the way to be achieved by sovryn to increase the users and add more liquidity to the sovryn. You can see that from the new roadmap if there will be two upcoming IDO on the sovryn. it seems like the demand to use the RSK network was increasing a lot due to the massive increase that happened with sovryn.
I see that some people have been talking about what these projects that wanna be launched on the sovryn but sov team was telling them all to wait for the further information that iwll be revealed.
Binance already supported RSK network and it seems like that if sovryn will be the first RSK asset to be listed on binance. $100 looks possible for sov next year

nimogsm

hero member

Activity: 2632

Merit: 649

Quote from: Blowon on September 29, 2021, 06:30:08 PM

sovryn progress is getting out of control and has entered big markets like kucoin & AscendEX, this is a very extraordinary achievement, the more projects that want to cooperate with Sovryn the farther Sovryn will fly Wink

the price will be higher than $ 30, I am sure it will happen before the new year. This exchange is one of the largest, many new users will be able to get to know the project better and may invest in it after studying all the points in more detail.

Blowon

hero member

Activity: 1932

Merit: 511

sovryn progress is getting out of control and has entered big markets like kucoin & AscendEX, this is a very extraordinary achievement, the more projects that want to cooperate with Sovryn the farther Sovryn will fly Wink

nira09

full member

Activity: 1316

Merit: 105

Quote from: terciduk123 on September 27, 2021, 11:24:10 PM

Quote from: shinratensei_ on September 27, 2021, 07:28:58 PM

The next cex will be coming again for sovryn. After Ascendex and gateio, sovryn will be listed in new cex. https://twitter.com/sovrynbtc/status/1440637363441455113?s=21

Mass expansion to the cex brings more and more users to the sovryn. Sovryn for the future bitcoin defi. Exilled was also doing marketing AMA http://youtu.be/9n3OCgOeZ6E

SOV will be slowly walking to the 100k satoshi again. Cool

Glad to hear this news, I'm sure the SOV token will be listed on popular exchanges like Kucoin, Huobi, or Binance.
After being listed on the CEX Exchange, the trading volume of SOV tokens got a lot of improvement, the community responded positively to this development. Buy more SOV.

You have a good guess, a few hours ago Sovryn announced that they will be listed on the Kucoin exchange. the following information:

Please take note of the following schedule:

Deposits Effective Immediately (Supported Networks: ERC-20, RBTC)
Trading: 13:00 on September 29, 2021 (UTC)
Withdrawal: 10:00 on September 30, 2021 (UTC)

* https://twitter.com/SovrynBTC/status/1442778021329612800

Topic: [ANN] Sovryn - Brings DeFi to Bitcoin - page 4. (Read 6684 times)