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Sovryn
Sovryn is a decentralized trading and lending platform for Bitcoin. It allows users to trade, lend, and borrow using Bitcoin in a non-custodial manner. The platform operates on the RSK blockchain, a sidechain of Bitcoin, enabling smart contract functionality.
Distributed
Description
Sovryn is a decentralized trading and lending platform for Bitcoin. It allows users to enjoy permissionless and decentralized trading while keeping full control of their funds. The platform offers various ways to earn, such as staking the SOV token to receive a share of Sovryn's revenue and vote on decisions in the Bitocracy, or depositing funds in AMM pools to earn from trades and get SOV rewards. Sovryn also features a multichain launchpad called Origins for project presales.Grant Funding
VC Funding
None
2020
2021
2022
$0
$18M