You’ve got the POWA

POWA—The Rune memecoin! Runes are the fastest, cheapest, and most user-friendly Bitcoin tokens.
They are the next step after BRC-20s and Ordinals.

READ RULES
rewards

1 Billion POWA Prize Pool!

The more points you’ll have - the more POWA you’ll get! POWA will be airdropped to everyone across the leaderboard according to their earned points. Trade your POWA on Sovryn, Use your POWA to buy upcoming NFT collections.

FULL RULES
table with rewards for Sovryn trading competition
How to get POWA Points
Points of POWA

More points, more POWA! Stake, Trade, and Influence on Twitter to get Points. Get as many points as possible, each will count towards your share in the pool of POWA!

STAKE

SOV Stakers get more points the longer they stake for. Existing SOV stakers get 1 point for each Voting Point, and new and re-stakes get 10 points for each VP.

STAKE SOV

TRADE

Any trade gets 1 pt/$1. SOV, DLLR in AMM get 10pts/$1. Bridging stablecoins gets 25pts/$1.

BRIDGE stablecoins

INFLUENCE

Earn points for your social influence! Daily missions to Like, Share, and Tweet to get more of the precious POWA!

influence

Trade POWA on Sovryn!

Trading of POWA and other Runes will launch on Sovryn!

Sovryn aims to be the leading DEX for Runes trading!

Runes and other Bitcoin native assets will trade on Sovryn!

Hold POWA to gain access to exclusive Bitcoin NFT collection (coming soon).

GO TO THE DAPP
POWA RULES

Points Allocation

STAKING

  • 1 point per 1 voting power (VP) for stakes at the user address established before the campaign
  • 10 points per 1 VP for stakes at the user address established after the campaign begins
  • 10 points per additional 1 VP resulting from re-stakes at the user address established after the campaign begins
  • 10 points per additional 1 VP resulting from stake extensions at the user address established after the campaign begins
  • Daily top staker - the address that added the most VP on a given day—will get a 10% points bonus on the staking points earned that day.
  • Weekly top staker - the address that added the most VP on a given week will get a 10% points bonus on the staking points earned that week.

TRADING

  • 25 points for every 1 DLLR net value imported into Babelfish. The net value imported is measured from the start of the campaign until the end of it. Net imports are defined as USDT/USDC/DAI deposits from Ethereum or BSC minus withdrawals of those assets.
  • 10 points for every 1 DLLR net value added to the SOV/BTC or DLLR/BTC AMM pools. The net value added is measured from the start of the campaign until the end of it.
  • 1 point for every 1 DLLR value traded on the Convert page in the dapp or the swap or spot page in the alpha dapp. Swaps involving MYNT, ZUSD, and DLLR↔DOC may be excluded.
  • Daily top importer, the address that imported the most stablecoins in DLLR value on a given day, will get a 10% points bonus on the points earned in the trading category—imports, AMM net deposits, and swaps—that day
  • Weekly top importer, the address that added the most stablecoins in DLLR value in a given week, will get a 10% points bonus on the points earned in the trading category—imports, AMM net deposits, and swaps—that week.

INFLUENCE

See the Influence leaderboard for the current quests points breakdown

OG BONUSES

Trade DLLR vol SOV vol RBTC vol P&L(%)*
Trade 10K DLLR for RBTC @26K DLLR/RBTC -10,000 0.38462 (-10000+0.38462*25500) / (0.38462*25500)*100 = -1.96%
Trade 20K SOV for RBTC @104K SOV/RBTC -20,000 0.19231 (-0.23*20000+0.19231*25500) / (0.19231*25500)*100 = 6.20%
Trade 0.5 RBTC for DLLR @1/25K RBTC/DLLR 12,500 -0.5 (12500-0.5*25500) / (12500)*100 = -2%
Net position change 2500 -20,000 0.07692
Value in DLLR on final day

1 DLLR = 1 DLLR,

0.23 DLLR = 1 SOV,

25,500 DLLR = 1 RBTC

NET P&L = -138.50 DLLR

2500 -4600 1961.50 Average = (-1.96 + 6.20 - 2.00) / 3 = 0.75

AVG P&L(%) = 0.75%

  • The following Sovryn OGs user categories will each get a 5% bonus on their points in the Trading and Staking leaderboards:
    Sovryn EarlyUsers (pre-Genesis sale users)
    Genesis Sale participants
    Origins Sale participants
    NFT holders that used their NFTs

    Address that voted in Bitocracy in the past 12 months
    Sovryn Ordinal Holders
  • OG bonuses are capped at 10%.
  • No OG bonuses will be given in the Influence leaderboard
  • OG bonuses will be given only to the addresses active in the past 12 months before the start of the campaign.

POWA Pool

Total amount of POWA

1,000,000,000,000 (1 Trillion) POWA tokens will be minted in total.

POWA Pool token allocations

  • 30% of the POWA rewards will be given to the addresses in the Staking leaderboard.
  • 30% of the POWA rewards will be given to the participants in the Influence leaderboard.
  • 20% of the POWA rewards will be given to the addresses in the Trading leaderboard.
  • 20% of the POWA pool is reserved for POWA pre-sale and marketing.

Fair Play and Beneficial Activity

  • Participants in the POWA Points campaign must engage in fair play and conduct activities that benefit Sovryn and the program. Any actions contrary to this campaign's intention may result in disqualification, points removal, or other penalties. Rules are subject to change if necessary to maintain fairness and uphold the spirit of the campaign.
  • Our points calculations are meticulously crafted, but we acknowledge the inherent complexity. Bugs can emerge unexpectedly. We pledge to scrutinize our calculations for any bugs and mistakes continuously. Calculations corrections may result in point changes. Our commitment lies with fairness, so if a bug skews results, we’ll rectify it promptly.
Place P&L (net) $11000 P&L (%) $3000 Random tx $1000
1 $5,000 $1,000 $200
2 $2500 $400 $200
3 $1500 $300 $200
4 $1250 $150 $200
5 $750 $150 $200

DURATION

The POWA points campaign will last between 04.03.2024 00:00 UTC and when the POWA token launches around the halving.

Go get your POWA!

INVITE FRIENDS –GET AHEAD IN THE QUEUE

INVITE FRIENDS –GET AHEAD IN THE QUEUE

With only 50 spots available - and 56 prizes! - inviting friends to our discord is a surefire way to move up the registration queue. Generate your unique invite code by clicking the Sovryn channel logo -> Invite People -> Copy. Send to your friends and tag us! If you’re not on the discord yet, please join:

JOIN SOVRYN DISCORD
how to invite friends to discord

HOW TO WIN

STAKE

Only active SOV stakers can participate. You can start staking now if you haven’t already.

TRADE

Invite friends to our discord to move up the queue.

GET SOCIAL

Any random swap could win. The more you trade, the higher the chances you'll win!

THE PROBLEM

THE WAY THINGS ARE WILL NOT LAST.

Current structures are failing. Power remains in the hands of few. We’re one bad decision or move away from losing our freedom. And if history repeats itself, collapse is inevitable.

Current structures are failing. Power remains in the hands of few. We’re one bad decision or move away from losing our freedom. And if history repeats itself, collapse is inevitable.

Frequently Asked Questions

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