Sovryn company info

What does Sovryn do?
Sovryn (CRYPTO:SOV) is a Bitcoin lending platform that lets you borrow and lend Bitcoin without needing to trust someone else. It also has a built-in exchange and a margin trading platform. Sovryn is still under development, but it's already doing pretty well. It has over $100 million in lending volume and it's growing quickly. The Sovryn team is working on a number of projects, including expanding to new markets, developing new products and services, and partnering with other organizations in the Bitcoin ecosystem. Sovryn's goal is to make Bitcoin more accessible and useful for everyone. The team is building a decentralized financial system on Bitcoin that is open, transparent, and fair.
Sovryn company media
Company Snapshot

How many people does Sovryn employ?

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Employees
11-50

What is the market cap for Sovryn?

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Market Cap
$85.93M

Where is the head office for Sovryn?

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Head Office
British Virgin Islands

What year was Sovryn founded?

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Year Founded
2020
What does Sovryn specialise in?

What are the products and/or services of Sovryn?

Overview of Sovryn offerings
Bitcoin exchange: Sovryn has a built-in exchange that allows users to trade Bitcoin for other cryptocurrencies. The exchange is non-custodial, which means that users never have to give up custody of their Bitcoin.
Bitcoin lending: Sovryn allows users to lend and borrow Bitcoin without needing to trust someone else. This is done through a decentralized protocol that uses smart contracts to ensure that all transactions are fair and secure.
Margin trading: Sovryn allows users to trade Bitcoin with leverage, which can amplify both profits and losses. Margin trading is a risky activity, so it is important to only use what you can afford to lose.
Sovryn Ambassador Program: The Sovryn Ambassador Program is a way for users to earn money by promoting Sovryn to others. Ambassadors can earn rewards for referring new users to the protocol, writing articles about Sovryn, and creating educational content about Sovryn.
Sovryn Grants Program: The Sovryn Grants Program is a way for developers to get funding for projects that benefit the Sovryn ecosystem. The program is open to developers of all levels of experience, and grants are awarded based on the merit of the project.
Sovryn Reward Program: Sovryn rewards users for participating in the protocol. Users can earn rewards for lending Bitcoin, borrowing Bitcoin, and trading on the Sovryn exchange.