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
We have the final results of the SIP votes started yesterday, and an important update regarding SIP-0054 and SIP-0055: β€” SIP-0054: SUCCEEDED FOR: 100.00% AGAINST: 0.00% - SIP-0055: SUCCEEDED FOR: 89.24% AGAINST: 10.76% – SIP-0056: SUCCEEDED FOR: 90.59% AGAINST: 9.41% – Important update: Due to a misconfiguration in the deployment script, Exchequer is vetoing SIP-0054 and SIP-0055. The authors of these proposals are now coordinating to start a new vote on the proposals scheduled for Monday, March 13. More details:
Centralized stablecoins offer stability and convenience... right?πŸ€” Not quite! Centralized control poses significant risks both to you & the broader crypto ecosystem. See how the Sovryn Dollar $DLLR will provide a transparent & autonomous alternative! image
Hmm... "Not your keys..." image
Please note that the protocol fee distribution to SOV stakers has NOT yet been re-enabled. This will require an additional SIP, which will be voted on shortly after the launch of the new Sovryn web app. Visit the dapp to start staking or claim reward SOV: We thank you for your patience.
Big news alert! 🚨 Maintenance mode has been lifted and the staking contract has been unpaused. Staking is live on Sovryn! The staking contract was paused because of a vulnerability which allowed the theft of voting power. We used the opportunity to perform a thorough security review and refactoring. More details can be found on SIP-0049: image
Stay Sovryn!
2/2 SOV stakers, give the proposal a review: https://forum.sovryn.app/.../sip-0049-staking.../2804 Cast your vote in 24 hours: image