sovryn.app is live and ready for business! Also, we have TWO excellent blogs out 1. Launching the Sovryn DLLR: 2. Introducing the NEW Sovryn app: Thank you to our community and STAY SOVRYN! image
PSA: the 48-hour #SovrynDLLR meme competition has concluded! Thank you to all of the submissions! There were so many genuinely funny and creative ones it will be hard for us to pick finalists. We will convene for a Community Vote for the winners on Monday! image
The Sovryn Dollar arrives! πŸš€ You have until 2pm UTC to submit your memes! Sovryn will be award the following prizes to the winners: First Place: 250 DLLR, and a Sovryn t-shirt. Second Place: 100 DLLR, and a Sovryn t-shirt. Third Place: Sovryn t-shirt. The community will vote on finalists! Step 1: Like and retweet Sovryn's post on social media. Step 2: Post your meme on any of these platforms with the hashtag #SovrynDLLR: Twitter Nostr Instagram LinkedIn Facebook Sovryn Discord channel Sovryn Citadel TG group Let’s go! image
The Sovryn Dollar arrives this Thursday! πŸš€ To celebrate we are starting a 48-hour meme competition. Here’s the brief: create a meme about why the Sovryn DLLR is important. Sovryn will be award the following prizes to the winners: First Place: 250 DLLR, and a Sovryn t-shirt. Second Place: 100 DLLR, and a Sovryn t-shirt. Third Place: Sovryn t-shirt. The community will vote on finalists! Step 1: Like and retweet Sovryn's post on social media. Step 2: Post your meme on any of these platforms with the hashtag #SovrynDLLR: Twitter Nostr Instagram LinkedIn Facebook Sovryn Discord channel Sovryn Citadel TG group You have until 2pm UTC, Thursday the 16th to submit 1-3 memes 🦾 image Let’s go!
SIP-0054 and SIP-0055 have been approved by voters! FOR: 91.59% AGAINST: 8.41% This clears the way for the public launch of Zero and the Sovryn Dollar. SIP-0054 and SIP-0055 are now queued for execution, which will happen at approximately 9:00 AM UTC on Thursday, March 16. At that time, the Zero Early Access app at will temporarily be put into maintenance mode to accommodate the update. If you have a Zero line of credit, please make sure you do any maintenance to maintain a healthy collateral ratio BEFORE the app goes into maintenance mode at 9:00 AM UTC on Thursday since topping off collateral or repaying debt will temporarily be disabled through the frontend. image
The Sovryn Dollar arrives this Thursday! πŸš€ To celebrate we are starting a 48-hour meme competition. Here’s the brief: create a meme about why the Sovryn DLLR is important. Sovryn will be award the following prizes to the winners: First Place: 250 DLLR, and a Sovryn t-shirt. Second Place: 100 DLLR, and a Sovryn t-shirt. Third Place: Sovryn t-shirt. The community will vote on finalists! Step 1: Like and retweet Sovryn's post on social media. Step 2: Post your meme on any of these platforms with the hashtag #SovrynDLLR: Twitter Nostr Instagram LinkedIn Facebook Sovryn Discord channel Sovryn Citadel TG group You have until 2pm UTC, Thursday the 16th to submit 1-3 memes 🦾 Let’s go! image
The new vote on SIP-0054 and SIP-0055 is now live! SOV stakers now have 24 hours to cast a vote. For voter convenience, both proposals have been consolidated into a single vote. Cast your vote here:
Sovryns - USDC and DAI have lost their peg. The deposit of these assets to XUSD on the smart contract level have been paused as result. It is no longer possible to deposit those stablecoins and therefore XUSD is safe. However, we decided to leave XUSD deposits on the bridge on the UI in maintenance mode until Monday out of an abundance of caution.
#BITCOIN PRICE REMINDER! 1 BTC = 1 BTC But keep in mind, during times like these: 1 DLLR = $1 FULLY BACKED BY BTC image
There is a new community-led discussion that aims to bring $oDOGE (the first-ever meme coin on a bitcoin sidechain) to the Sovryn AMM. Proponents of the #ordinals discussion say that it would: -Enable Bitcoiners to buy the first meme-coin on Bitcoin with Bitcoin. -Every bridge, swap, or trade will bring fees to Sovryn Stakers. -Inform the public about the possibilities of DeFi on #Bitcoin. What do you think? πŸ€” Check out the discussion here: https://bit.ly/3T0Og09 image