TLDR
Sovryn is a Bitcoin-native decentralized finance platform that requires no permissions and it will never take custody of your coins. The only way to explore DeFi as a Bitcoin holder is to convert BTC into an Ethereum “wrapped asset” This intermediary step introduces a layer of centralization that is antithetical to the community’s ideals, not to mention the security risks and additional fees involved. Sovryn aims to emphasize the decentralization aspect of Bitcoin, as well as user sovereignty. It advocates the original vision for Bitcoin of a global, permissionless currency.via the TL;DR App
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Written by rootstock_io | Smart Contract Platform On Top of Bitcoin
