Discover and read the best of Twitter Threads about #staysovryn
Most recents (6)
1/ A new era of stablecoins has arrived!
The #SovrynDollar (DLLR) is a game changer. A decentralized, #Bitcoin-backed dollar you can truly own. 🚀
Live… NOW!
Say goodbye to centralized #StableCoin drama & hello to unmatched security & reliability.
Curious? Read on!
#DeFi
The #SovrynDollar (DLLR) is a game changer. A decentralized, #Bitcoin-backed dollar you can truly own. 🚀
Live… NOW!
Say goodbye to centralized #StableCoin drama & hello to unmatched security & reliability.
Curious? Read on!
#DeFi
2/💪🌐 Tired of the risks of centralized stablecoin like #Tether or #USDC?
The #SovrynDollar offers a decentralized alternative that empowers users, giving you control of your assets.
Welcome to the future of finance. #DecentralizedFinance
The #SovrynDollar offers a decentralized alternative that empowers users, giving you control of your assets.
Welcome to the future of finance. #DecentralizedFinance
3/🔒🔑 What sets $DLLR apart? It's ultra-reliable, secure & aggregated from other bitcoin-backed stablecoins with over-collateralized BTC reserves.
No middlemen, just seamless transactions & redeemability for any holder. #SovrynDLLR
#StablecoinRevolution
No middlemen, just seamless transactions & redeemability for any holder. #SovrynDLLR
#StablecoinRevolution
Some clarification w.r.t. #SuperHodl based on comments I've seen recently from the fam.
Short thread.
Short thread.
Zero Protocol is not the same as #SuperHodl:
Zero Protocol is a @RSKsmart smart contract that you can interface through @SovrynBTC's #DeFi platform.
It mints $ tokens (ZUSD) against your #bitcoin, and you are the counterparty. Therefore, 0% interest, no payback term.
Zero Protocol is a @RSKsmart smart contract that you can interface through @SovrynBTC's #DeFi platform.
It mints $ tokens (ZUSD) against your #bitcoin, and you are the counterparty. Therefore, 0% interest, no payback term.
#SuperHodl is a trading algorithm that leverages several @SovrynBTC platform products; notably Zero and a lending pool.
It:
- Takes out a $ loan against #bitcoin
- Puts the $ in a reserve to gain yield over time
- And computes every day if an action is necessary by the borrower
It:
- Takes out a $ loan against #bitcoin
- Puts the $ in a reserve to gain yield over time
- And computes every day if an action is necessary by the borrower
Centralization is dead. The world just hasn't realized it yet.
Our century so far, in a thread👇
(01/18)
Our century so far, in a thread👇
(01/18)
Our century started with a dramatic example of a decentralized system (terrorism) attacking the Citadel of the the greatest centralized power.
The Pentagon was capable of defending the American mainland from even the Soviet Empire. But Al Qaeda was not centralized.
(2)
The Pentagon was capable of defending the American mainland from even the Soviet Empire. But Al Qaeda was not centralized.
(2)
Since then, centralized power has failed at protecting us repeatedly.
Global financial crisis, climate change, ransomware, cryptocurrency, mass identity hacks, fake news, Covid, Afgani sheep herders.
Each decentralized threat and centralized institutions are powerless.
(3)
Global financial crisis, climate change, ransomware, cryptocurrency, mass identity hacks, fake news, Covid, Afgani sheep herders.
Each decentralized threat and centralized institutions are powerless.
(3)
Sovryn is tackling the biggest untapped opportunity in DeFI - building a decntralized financial and economic system around Bitcoin
#Bitcoin has the largest userbase, the most institutional buy-in, the deepest liquidity and is the only digital asset that can even be used by countries.
BTC is used by ordinary people around the world for remittance, cross-border trade and as a savings account (eg. Argentina).
BTC is used by ordinary people around the world for remittance, cross-border trade and as a savings account (eg. Argentina).
#BTC also has the most hardcore community, interested in decentralization and removing middle-men.
Bitcoin is the best possible asset for DeFi, yet it hasn't tapped its potential.
Sovryn changes this.
Bitcoin is the best possible asset for DeFi, yet it hasn't tapped its potential.
Sovryn changes this.
1/ Why do people treat #Bitcoin with such awe. Magic internet money is revolutionary, foundational tech? Really?!?
Absolutely!👇
Absolutely!👇
2/ The last few hundred years have seen unprecedented human progress: innovation, prosperity, poverty reduction.
Progress wasn’t a thing until very recently. Why?
Progress wasn’t a thing until very recently. Why?
3/ It’s strange that such an important question is rarely asked and even more rarely answered.
Want to know why #Bitcoin hit a new all time high today?
Its because Bitcoin got new superpowers yesterday.
Explainer thread👇
Its because Bitcoin got new superpowers yesterday.
Explainer thread👇
1/ Yesterday a bunch of Bitcoiners launched @SovrynBTC. This fulfils a dream almost as old as Bitcoin itself and marks a new phase for Bitcoin.
2/ For years Bitcoiners have said "Not your Keys, Not your Coins". Yet all the exchanges, lending platforms and financial services using Bitcoin have been centralized... and demanded your keys.
