Sovryn (SOV) is a token system based on smart contracts for lending, borrowing and margin trading of bitcoins.

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Sovryn

David Seroy is a Bitcoin researcher and Founder of Old North Capital Fund. He lays out the case for credit-based, bitcoin-backed dollars as a means to diminish our reliance on the fiat monetary system. At TradFi to DeFi we are focused on the transitory period between these arguably conflicting worlds: USD and Bitcoin. However, there’s a case to be made that bitcoin-backed stablecoins can lead to a brighter future for Bitcoin and our world. In today's episode, we discuss the symbiotic relationship between Dollars and Bitcoin (it's closer than you may think), what a hyperbitcoinized future might look like, and who are the leaders in the space building Bitcoin-backed stablecoins. 

David Seroy on Twitter: https://twitter.com/david_seroy
David's Article: https://tradfitodefi.medium.com/the-path-to-a-bitcoin-economy-decentralized-bitcoin-backed-credit-d099df2ee2d1

TradFi to DeFi
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Sovryn telegram news 21 December 2022 20:30