Sovryn (SOV)
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SUMMARY
| Type: | ICO | |
| Category: | Finance | |
| Verified team: | No | |
| Whitelist of investors: | No | |
| KYC of investors: | No | |
| Goal of funding: | 10 000 000 USD | |
| Tokens for sale: | 100 000 000 SOV | |
| Token price: | 1 SOV = 0.01625 USD | |
| Minimum purchase: | 0.03 BTC | |
| Maximum purchase: | 2.00 BTC | |
| Airdrop program: | No | |
| Bounty program: | Yes | |
| Have escrow agent: | No | |
| Have working prototype: | Yes | |
| White paper: | Open | |
| Currencies: | BTC, RBTC | |
| Type: | Coin | |
| Location: | United Kingdom | |
| Website: | https://sovryn.app | |
| Links: |
DESCRIPTION
Sovryn is a Bitcoin Layer 2 Decentralized Protocol for bitcoin lending and margin trading. As a Bitcoin L2 Product, all fees are paid in BTC and all transactions are merged with Bitcoin PoW.<br /><br />
Features: <br /><br />
Spot-Exchange<br /><br />
Margin Trading<br /><br />
Lending Pool<br /><br />
SmartBTC Relay<br /><br />
Bitcoin-backed Stablecoin<br /><br />
Benefits:<br /><br />
Privacy, Self-Custody, Bitcoin-Native, Decentralized Governance (Bitocracy)
FUNDING INFORMATION
Start date is to be announced
Distribution
| ● | Adoption Fund | 38.70% |
| ● | Founders Fund | 25.00% |
| ● | Development Fund | 10.00% |
| ● | Early Funders | 16.30% |
| ● | Ecosystem Sale | 5.00% |
| ● | Programmatic Sale | 5.00% |
MEDIA
Presentation
Latest tweets
Tweets
ROADMAP
Q3 2020 Decentralised spot and margin trading; and decentralized lending
Q4 2020 Citadel Release: High leverage perpetual swaps; and borrowing
Q1 2021 Legion Release: BTC-backed stablecoin, synthetic stocks, and copy trading
TEAM
STATISTICS
Twitter
Telegram
Youtube
Github
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