Sovryn Lists on AscendEX

Disclaimer: The textual content under is a press launch that was not written by Cryptonews.com.

AscendEX is thrilled to announce the itemizing of the Sovryn token (SOV) below the buying and selling pair USDT/SOV on Sept. 15 at 1 p.m. UTC.

Sovryn is a Bitcoin-based decentralized finance (DeFi) protocol launched in early 2020.The Sovryn platform supplies the instruments to commerce, lend, and leverage Bitcoin and different property permissionlessly, secured by the Bitcoin Blockchain with minimal gasoline charges. Their platform incorporates a buying and selling interface uniquely designed for Bitcoin-native DeFi customers with no transaction limits and help for a number of property to commerce. Sovryn goals to attach Bitcoin with the complete crypto ecosystem, whereas sustaining high-level safety and the pliability of good contracts.  

Sovryn set a imaginative and prescient to “create an open, truthful, and clear monetary working system for the world,’ Building upon that imaginative and prescient, the platform supplies a chance for his or her customers to have a say of their monetary choices, with little or no exterior management or oversight whereas maintaining all the things as safe as potential. 

Sovryn token holders can use Defi instruments with out giving freely the possession of their cash and leverage its infrastructure for a Bitcoin-native DeFi layer built-in with Ethereum, Binance, and different crypto-assets and chains. As a consequence, customers can have entry to the most effective points of DeFi coupled with the safety of established networks.

The platform’s native token, SOV, is used for choices in regards to the challenge’s future and governance course of. It can even forestall centralized events from ever controlling the platform. SOV coordinates the complete Sovryn ecosystem and offers entry to the Origins Launchpad for brand new tasks on the ecosystem. Holding SOV is like having access to an index of Bitcoin DeFi. 

In simply 5 months, Sovryn has raised funding of 23M USD from buyers like AscendEX, Greenfield One, Monday Capital, Pomp, Collider Ventures, and extra. As of now, Sovryn has achieved over 568M USD in transactions, 77M USD Total Value Locked (TVL), and 551M USD Assets Under Management (AUM). 

About AscendEX 

AscendEX (previously BitMax) is a world cryptocurrency monetary platform with a complete product suite together with spot, margin, and futures buying and selling, pockets providers, and staking help for over 150 blockchain tasks akin to bitcoin, ether, and ripple. Launched in 2018, AscendEX providers over 1 million retail and institutional shoppers globally with a extremely liquid buying and selling platform and safe custody options. 

AscendEX has emerged as a number one platform by ROI on its “preliminary change choices” by supporting among the trade’s most modern tasks from the DeFi ecosystem akin to Thorchain, xDai Stake, and Serum.  AscendEX customers obtain unique entry to token airdrops and the power to buy tokens on the earliest potential stage. To be taught extra about how AscendEX is leveraging finest practices from each Wall Street and the cryptocurrency ecosystem to carry the most effective altcoins to its customers, please go to www.AscendEX.com.

For extra data and updates, please go to:

Website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Sovryn

Sovryn is the world’s first BTC software that may enable customers entry to the decentralized buying and selling and lending of Bitcoin. Sovryn is constructed on the Rootstock (RSK) platform, which is a Bitcoin sidechain suitable with the Ethereum Virtual Machine that may help the good contracts protocol.

For extra data and updates, please go to:

Website: https://sovryn.app/ 

Twitter: https://twitter.com/SovrynBTC  

Telegram: https://t.me/SovrynBitcoin 

YouTube: https://www.youtube.com/channel/UCzMk0lOf3pFOg_9PgnafdNQ

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About the Author: Daniel