Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
A comprehensive management application for decentralized finance simplifies the process by automatically adjusting your position to maintain a specific ratio, safeguarding it from liquidation while enabling leverage adjustments in response to market fluctuations. With user-friendly features like Boost and Repay, you can effortlessly increase leverage or settle debts through a single transaction. Additionally, you can convert your collateral or borrowed assets, or seamlessly migrate your position to an entirely different protocol all within one transaction. The Smart Savings feature provides quick access to top lending interest rates across various prominent DeFi protocols. Furthermore, liquidity for ETH and Dai is aggregated from a range of decentralized exchanges, allowing you to manage multiple popular DeFi protocols from one unified application. The app also supports various wallet options, including MetaMask, hardware wallets, and mobile wallets, ensuring a versatile experience for users. This makes it an essential tool for anyone looking to navigate the DeFi landscape efficiently and effectively.
Description
Sovryn is committed to maintaining high security standards through regular audits by multiple auditors and a robust bug bounty program. In addition, the platform plans to introduce more secure oracles to enhance decentralization further. To safeguard against the risks of undercollateralized loans, an insurance fund is maintained, to which 10% of interest generated is contributed. Upholding one of the core tenets of decentralized finance, Sovryn emphasizes interoperability and the creation of open-source code. Users can transact seamlessly using bitcoin directly from their wallets, eliminating any friction in the process. All transactions are processed on the bitcoin blockchain through the RSK bitcoin sidechain. As a decentralized margin trading platform, Sovryn does not require any KYC or AML verification, allowing users to retain their pseudonymity. This system empowers individuals to lend and trade without the need to entrust their keys to a centralized entity. With a focus on user autonomy, Sovryn ensures that your keys, coins, and control remain exclusively in your hands. Borrowers on the platform leverage their bitcoin to establish margin trading positions, effectively borrowing bitcoin from lenders to amplify their trading potential. Through this structure, Sovryn facilitates a dynamic and user-centric trading environment.
API Access
Has API
No
API Access
Has API
No
Integrations
Base App
Yes
Bitcoin
No
BitcoinOS
No
Ethereum
Yes
Fortmatic
Yes
Ledger
Yes
Liquity
Yes
MetaMask
Yes
Rootstock
No
Trezor
Yes
Integrations
Base App
No
Bitcoin
Yes
BitcoinOS
Yes
Ethereum
No
Fortmatic
No
Ledger
No
Liquity
No
MetaMask
No
Rootstock
Yes
Trezor
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Decenter
Founded
2017
Country
Serbia
Website
defisaver.com
Vendor Details
Company Name
Sovryn
Founded
2020
Website
www.sovryn.app/