Table of contents
Decentralization
Sovryn operates on a decentralized platform, allowing users to trade and manage digital assets without relying on centralized entities. This can enhance security and privacy for users.
Bitcoin Native
Sovryn is built as a Bitcoin-native DeFi platform, providing users with the ability to leverage Bitcoin and its blockchain infrastructure directly, ensuring security and compatibility with Bitcoin-based assets.
Smart Contracts
Utilizes smart contracts to automate and secure financial transactions, reducing the need for intermediaries and potentially lowering transaction costs.
Lending & Borrowing
Offers decentralized lending and borrowing services, allowing users to earn interest on their holdings or to take loans in a trustless environment.
We have collected here some useful links to help you find out if Sovryn is good.
Check the traffic stats of Sovryn on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of Sovryn on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of Sovryn's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of Sovryn on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about Sovryn on Reddit. This can help you find out how popualr the product is and what people think about it.
Sovryn on RSK sidechain is better. On RSK you use RBTC to pay for gas, you don't need any other token than Bitcoin to use it and use defi features. Check it out https://sovryn.app/. Source: over 3 years ago
I cannot see the liquidity removal history on sovryn.app, only the deposits. I am sure I made the withdrawals. I can see them on the rsk blockchain but that is very difficult to read. Source: over 3 years ago
Please check out DeFi on Bitcoin via Sovryn. They are the closest the community has come. Massive community involvement, open source, bug bounties, hackathons, a governance token, and you control the keys. Source: almost 4 years ago
Hey all, I'm also new to Sovryn. Anyone know if there is a price chart for SOV? Doesn't appear to be listed on coinmarketcap, coingecko shows it but the price doesn't seem to match the actual price in sats when you purchase on sovryn.app. Actually it seems way off. Just trying to keep track of the price as it moves without having to open a purchase order on sovryn each time. Would be good to see historic pricing too. Source: almost 4 years ago
This company has partnered with a decentralized crypto project called Sovryn that has the potential to be the Bitcoin DeFi platform. News article. Source: about 4 years ago
My problem is: I connected metamask with sovryn.app. I buy RBTC on page fir BTC but pay for them from Trustwallet.. I see confirmed transaction on blockchain. try merge trustwallet with sovryn.app but THEY don't support RSK chain..and I dont see rBTC.. Source: about 4 years ago
Possibly sovryn.app. They focus on DeFi built on top of Bitcoin as well. Source: about 4 years ago
This is the closest competitor to Stacks I believe https://sovryn.app/, but we're miles ahead. Source: about 4 years ago
There is a new token built upon RSK chain cold SOV (Sovryn) https://sovryn.app/. They just launched and have a long way to go.... Source: about 4 years ago
Lawyer up and sue them to get your money back. Use DeFi on bitcoin. A decentralized exchange instead of binance or coinbase. With DeFi DEX running on bitcoin you don't send your money to anyone or KYC, you are in control of your funds and trade directly. One of these projects is soon to go live sovryn.app. Source: about 4 years ago
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Is Sovryn good? This is an informative page that will help you find out. Moreover, you can review and discuss Sovryn here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.
