SovrynBTC

DeFi for #Bitcoin: Trade & Lend, while HODLing your Keys 🔑
Borrow at 0% interest against your bitcoin.
Signup for Zero Early Access here: http://bit.ly/3xRm2eu

Public Key

npub13e6ltkjzcr9hhked2yjpu6kfgdtlk58tgg470alhlrx7f4h2zqhsat7n7r

NIP-05 Address

sovrynbtc@NostrVerified.com

Profile Code

nprofile1qqsgua04mfpvpjmmmvk4zfq7dty5x4lm2r45y2l87lml3n0y6m4pqtcpz4mhxue69uhhyetvv9ujumt0wd68ytnsw43q9l5lj2

Publishing to

relay.mostr.pub

Author Public Key

npub13e6ltkjzcr9hhked2yjpu6kfgdtlk58tgg470alhlrx7f4h2zqhsat7n7r

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Last Notes

2023-03-30 15:14:35 UTC

Below are the DLLR/RBTC AMM pool liquidity mining rewards updates: ✅
-The liquidity mining contract has been updated to allow rewards to be set to be 100% liquid (previously they could only be set to be partially liquid)
-The liquidity mining rewards on the DLLR/RBTC pool have been updated so that now liquidity mining rewards earned by DLLR/RBTC pool LPs are 100% liquid. All unclaimed liquidity mining rewards earned by DLLR/RBTC pool LPs up until this point can now be immediately withdrawn as fully liquid rewards.
-The Reward SOV tab of the Rewards page has been updated to indicate how much of the unclaimed rewards are liquid and how much are vested. Clicking the “Claim” button on this tab will claim both liquid and vested rewards at the same time.
-The error message shown when rejecting transactions using Liquality has been made more user friendly.

2023-03-30 14:06:34 UTC

Sovryns!
DLLR/RBTC AMM pool liquidity mining rewards update: maintenance mode has been activated for a short time period.
Thank you! 🙏

2023-03-29 11:10:23 UTC

Today at 4pm UTC, the Zero Risk Meeting #2 will be held in the Community Voice room on Discord!
See you there!
Discord Link:
https://bit.ly/3Kgbeh7
https://nostr.build/i/nostr.build_638fe9bee34aae84cc6de06281a04833eab4c424adf7a623008177e070c8ce0f.jpg

2023-03-27 20:02:40 UTC

We are excited to announce our new AI art competition! 🎨
Winner art will be featured on the Sovryn website & be rewarded with excellent prizes! The competition will run for two weeks, starting from Monday 27th March, 2023, to Monday 10th April, 2023.
During this time, contestants can use any AI tool to create their artwork, including Midjourney, Stable Diffusion, and any other AI tool to create their masterpiece.
Sovryn will award exciting prizes to the winners including:
1st Place: 250 SOV, Sovryn t-shirt and art published on Sovryn website
2nd Place: 150 SOV, Sovryn t-shirt and art published on Sovryn website
3rd Place: 100 SOV, Sovryn t-shirt and art published on Sovryn website To participate, contestants must share their artwork using the hashtag #SovrynArt.
Participants submit their artwork on platforms including Twitter, Nostr, LinkedIn, Sovryn Discord, Sovryn Telegram, Facebook, or Instagram. Artwork must be original and not violate copyright laws.
The judging criteria for the competition will include creativity, originality, technical proficiency, and relevance to the Sovryn ethos.
Good luck!
PS: Do you need inspiration for that "Sovryn" style?
Check out our AI art guide here!
https://bit.ly/3KbsRi3
https://nostr.build/i/nostr.build_87e3b968c97af7b74c89f69a35964e7564ab3edd84a627f0760ed7f6a89a547f.jpg

2023-03-25 15:33:01 UTC

@sovryns -
"SIP-59: Zero Fee Floor Update" will now be executed!
Until this process is complete - maintenance mode will be enabled on Zero Line of Credit functionality - stay tuned for further updates soon!

2023-03-21 13:33:53 UTC

Tonight at 4pm UTC, we will have the first Zero DLLR Risk meeting.
The meeting will be held in the Community Voice room (Discord): https://discord.gg/dMuBkdJe
This will be a reoccurring meeting, open to the community and recorded, for at least the next 4 weeks.
See you there, Sovryns! 🙌

2023-03-20 14:27:12 UTC

SOV stakers, prepare to vote! ✅
The new votes for SIP-0057 and SIP-0058 are now live!
SIP-0057: Add Ordinal Doge Token ($oDOGE) to Sovryn AMM Pools
https://bitocracy.sovryn.app/governorOwner/24
SIP-0058: Staking contract update
https://bitocracy.sovryn.app/governorOwner/25

2023-03-20 12:14:43 UTC

SOV stakers, prepare to vote! ✅
The new votes for SIP-0057 and SIP-0058 are now live!
SIP-0057: Community initiated oDoge proclamation
https://bitocracy.sovryn.app/governorOwner/24
SIP-0058: Staking contract update
https://bitocracy.sovryn.app/governorOwner/25

2023-03-17 15:53:54 UTC

The Sorcerers of Sovryn, the dev team have another big update ready sooner than expected! 🧙
Within 14 days, all SOV rewards in the DLLR/RBTC amm pool will be fully liquid!
That means that the 140% APY currently being earned will be unlocked. The DLLR pool will become the first Sovryn pool with fully liquid rewards.
Please note: don’t claim your rewards before the change happens, or your SOV will be automatically staked and will not become liquid.
The current extra-large rewards being paid out are, therefore, for this week only. They will readjust next week.
https://alpha.sovryn.app/yield-farm
https://nostr.build/i/nostr.build_23736beee0b4aaa2cc5355e6a7e61665e6b8ca71ae3996582c4c7cae57b21481.png

2023-03-16 18:52:16 UTC

sovryn.app is live and ready for business!
Also, we have TWO excellent blogs out
1. Launching the Sovryn DLLR:
https://sovryn.com/all-things-sovryn/launching-the-sovryn-dollar
2. Introducing the NEW Sovryn app:
https://sovryn.com/all-things-sovryn/introducing-the-new-sovryn-web-app
Thank you to our community and STAY SOVRYN!
https://nostr.build/i/nostr.build_dfc02912c1736ed004fa0958bbe09f30ef217dc3558d2d3758bf356ef948cb41.png

2023-03-16 15:45:12 UTC

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!
https://sovryn.com/sovryn-dollar
https://nostr.build/i/nostr.build_a6408c790d20abfaa1b72df3b0acdc2927475bd10940ab906f32421dbfec8b8e.png

2023-03-16 12:19:10 UTC

The Sovryn Dollar arrives! 🚀
You have until 2pm UTC to submit your memes!
https://sovryn.com/sovryn-dollar
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!
https://nostr.build/i/nostr.build_ba183dce1d468d156ff555e9160d507367818fc1302bfcb31548f2b1ead1664c.png

2023-03-15 10:58:49 UTC

The Sovryn Dollar arrives this Thursday! 🚀
To celebrate we are starting a 48-hour meme competition. Here’s the brief: create a meme about why the Sovryn DLLR is important.
https://sovryn.com/sovryn-dollar
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 🦾
https://nostr.build/i/nostr.build_ba183dce1d468d156ff555e9160d507367818fc1302bfcb31548f2b1ead1664c.png
Let’s go!

2023-03-14 15:26:04 UTC

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.
https://bitocracy.sovryn.app/governorOwner/23
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 https://alpha.sovryn.app/zero 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.
https://nostr.build/i/nostr.build_62ed42c4c97cbc2c7d9113bd20bc44bc79501188fe4b88f9e938fb9c9b2cf7f2.jpg

2023-03-14 13:01:54 UTC

The Sovryn Dollar arrives this Thursday! 🚀
To celebrate we are starting a 48-hour meme competition. Here’s the brief: create a meme about why the Sovryn DLLR is important.
https://sovryn.com/sovryn-dollar
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!
https://nostr.build/i/nostr.build_a6408c790d20abfaa1b72df3b0acdc2927475bd10940ab906f32421dbfec8b8e.png

2023-03-13 09:37:12 UTC

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:
https://bitocracy.sovryn.app/governorOwner/23

2023-03-11 11:37:24 UTC

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.

2023-03-10 16:36:53 UTC

#BITCOIN PRICE REMINDER!
1 BTC = 1 BTC
But keep in mind, during times like these:
1 DLLR = $1 FULLY BACKED BY BTC
https://sovryn.com/sovryn-dollar
https://nostr.build/i/nostr.build_10d5fe7a066483dd322712aec47d597141ec645a0e4d51dd641a594e7213fefc.png

2023-03-08 17:13:34 UTC

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? 🤔
Check out the discussion here:
https://bit.ly/3T0Og09
https://nostr.build/i/nostr.build_c8a3fa97eefbba2f5c510a49bfc3609ac46460da5f5183d2c4299f400209bfca.jpeg

2023-03-07 18:03:38 UTC

We have the final results of the SIP votes started yesterday, and an important update regarding SIP-0054 and SIP-0055:
—
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:
https://forum.sovryn.com/t/important-update-regarding-sip-0054-and-sip-0055/2851

2023-03-06 20:49:34 UTC

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2023-03-06 20:48:41 UTC

Have you been purple-pilled yet?
Read @sovrynmatt’s first contribution to the Sovryn blog. He takes us on a deep dive into all things #Nostr:
- What it's all about
- How it works
- How to get started
The revolution will not be centralized!
Read here:
https://bit.ly/3mwPuo5
https://nostr.build/i/nostr.build_d9b5f21abdcb16543b44688f996eb768abe47a4aae0fb03fa30def06460dfce5.jpg

2023-03-06 17:44:35 UTC

SOV stakers, time to cast your votes! ✅
Sovryn contributors have drafted a slate of SIPs related to the launch of the Sovryn Dollar and new Sovryn web app.
These SIPs are now live in the Bitocracy app.
Below are links to each SIP for your review and vote
👇
SIP-0054: Integrate Mynt with Zero ✔️
Vote here:
https://bitocracy.sovryn.app/governorOwner/20
Discussion thread:
https://forum.sovryn.com/t/sip-0054-integrate-mynt-with-zero/2822
SIP-0055: Zero Fee Floor Update ✔️
Vote here:
https://bitocracy.sovryn.app/governorOwner/21
Discussion thread:
https://forum.sovryn.com/t/sip-0055-zero-fee-floor-update/2841
SIP-0056: Sunsetting the MYNT Token ✔️
Vote here:
https://bitocracy.sovryn.app/governorOwner/22
Discussion thread:
https://forum.sovryn.com/t/mip-0001-deprecating-the-mynt-token/2819

2023-03-03 15:08:18 UTC

4/4 -
SIP-0056: Sunsetting the MYNT Token
SIP text:
https://github.com/DistributedCollective/SIPS/blob/SIP-0056/SIP-0056.md
Discussion thread:
https://forum.sovryn.com/t/mip-0001-deprecating-the-mynt-token/2819

2023-03-03 15:07:52 UTC

3/4 -
SIP-0055: Zero Fee Floor Update
SIP text:
https://github.com/DistributedCollective/SIPS/blob/main/SIP-0055.md
Discussion thread:
https://forum.sovryn.com/t/sip-0055-zero-fee-floor-update/2841

2023-03-03 15:07:27 UTC

2/4 -
SIP-0054: Integrate Mynt with Zero
SIP text:
https://github.com/DistributedCollective/SIPS/blob/SIP-0052/SIP-0054.md
Discussion thread:
https://forum.sovryn.com/t/sip-0054-integrate-mynt-with-zero/2822

2023-03-03 15:06:39 UTC

1/4 - SOV stakers, prepare to vote!
Sovryn contributors have drafted a slate of SIPs related to the launch of the Sovryn Dollar and new Sovryn web app.
These SIPs are now scheduled to be put to a vote starting on Monday, March 6th. Here are links to each draft SIP for your review
👇

2023-03-03 13:44:26 UTC

Centralized stablecoins offer stability and convenience... right?🤔
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!
https://nostr.build/i/nostr.build_93ce32cbd0a95accef24e42dbcfa58f99a34e29dd95a6db090c077326a0f312e.jpg

2023-03-03 12:37:26 UTC

Hmm...
"Not your keys..."
https://nostr.build/i/nostr.build_21ee3a042aac29d4d88ae1c8453665ee350e4cc01e0af36338ac13acb6dc6457.jpg

2023-03-02 11:10:42 UTC

Sovryn Community! 📢
We introduce to you "MIP-0001 Sunsetting the MYNT Token"
The vote will commence from 12:00 UTC today and lasts 48h.
Read the MIP here:
https://snapshot.org/#/sovrynbitocracy.eth
Background on Forum:
https://forum.sovryn.com/t/deprecating-the-mynt-token/2819

2023-03-01 23:48:57 UTC

Fifty is a strong round number. It reminds us of how far we come, and how far we will go!
Sovryn Community Call #50
Tomorrow at 3pm UTC:
https://bit.ly/3EJCnWv
https://nostr.build/i/nostr.build_aba367fd2676137e63545c5f5c7c7bb0405735ed213a92cde79c8c053ee2750a.jpg

2023-02-27 12:50:40 UTC

Happy Monday!
Check out Professor OneDigit's deep dive into the relative yield calculations of depositing your ZUSD holdings in the Zero stability pool as an investment strategy
Passively buy the #bitcoin dip via liquidations: RBTC at a discount!👏
https://bit.ly/3Z6AJ9E
https://nostr.build/i/nostr.build_ee22cfb7138c3929a4355be6914e6de6683c45909c266649f4655018c80b61d0.jpg

2023-02-24 12:32:13 UTC

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:
https://lnkd.in/dJ2XnXTe
We thank you for your patience.

2023-02-24 12:31:44 UTC

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:
https://lnkd.in/daVehhT2
https://nostr.build/i/nostr.build_f8b6e77812f6fde0f62939e7449ddbbe1826f79f90bc1cbe6fb9c0c605b83671.jpg

2023-02-22 11:11:57 UTC

Today at 7pm UTC!
Join the top guns from Sovryn, IOV Labs, & MoneyOnChain for a marketing livestream that will cover huge updates about Argentina, Africa, and more. 🙌
Submit q's:
https://bit.ly/3lOJ4QP
Set a reminder:
https://bit.ly/3ZakNCS
https://nostr.build/i/nostr.build_d8e2e9716a933bf3b05b2628f19042b40fafacdd7fbe65034f6769853c24cade.png

2023-02-21 16:24:36 UTC

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100%

2023-02-21 16:23:19 UTC

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Nice!