Sovryn launches complete suite for Bitcoin DeFi on RSK By Cointelegraph

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Sovryn launches full suite for Bitcoin DeFi on RSK

Sovryn, a decentralized finance platform working on the RSK sidechain, introduced on Tuesday its public launch. Customers can now entry a full suite for buying and selling Bitcoin (BTC) in a trustless, noncustodial surroundings, benefiting from highly effective leverage and yield alternatives.

The platform presents a mixture of main DeFi constructing blocks, together with a collateralized lending protocol and automatic market maker alternate. Customers can commerce lengthy or brief with as much as five-times leverage, whereas holders of Bitcoin (BTC), Tether (USDT) and the Greenback on Chain (DOC) stablecoin can earn curiosity by lending their property.