Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
We combine extensive knowledge in cutting-edge technologies with sound business principles to lead the comprehensive integration of a new era in monetary markets. By offering liquidity proactively, we facilitate loan security within the system, enabling participants to gain extra returns. Fair interest rates on loans are determined through algorithmic evaluations of risk, ensuring transparency and fairness. Users can engage in margin trading of assets across various platforms while utilizing sophisticated order types. With Polkadot bridges, we ensure seamless and trust-free cross-chain interactions. Our approach addresses persistent challenges in DeFi by drawing in institutional clients across a range of platforms. Furthermore, we guarantee liquidity protection against potential defaults during challenging market conditions, reinforcing confidence in our system. This multifaceted strategy not only enhances market stability but also fosters broader participation in decentralized finance.
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
Bitcoin
No
BitcoinOS
No
EOS
Yes
Manta Network
Yes
Moonbeam
Yes
Moonriver
Yes
Polkadot
Yes
Polkawallet
Yes
Rootstock
No
pTokens
Yes
Integrations
Bitcoin
Yes
BitcoinOS
Yes
EOS
No
Manta Network
No
Moonbeam
No
Moonriver
No
Polkadot
No
Polkawallet
No
Rootstock
Yes
pTokens
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
Yes
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
Equilibrium
Founded
2018
Website
equilibrium.io/en/
Vendor Details
Company Name
Sovryn
Founded
2020
Website
www.sovryn.app/