Sovryn launches full suite for Bitcoin DeFi on RSK By Cointelegraph


Sovryn launches complete suite for Bitcoin DeFi on RSK

Sovryn, a decentralized financial platform that operates on the RSK sidechain, announced its public launch on Tuesday. Users can now access a full suite for trading Bitcoin (BTC) in a trustless environment without custody that benefits from strong leverage and income opportunities.

The platform offers a mix of key DeFi building blocks, including a secured credit protocol and an automated market maker exchange. Users can trade long or short with up to five times leverage, while Bitcoin holders (BTC), Tether (USDT) and the stable dollar on chain (DOC) coin can earn interest by borrowing their assets.

Read on on Coin Telegraph

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