Earn steady 5% APR in liquid SOV with a potential of 100% APR, on top of potential liquidation revenues
HoW IT WORKSEarn steady 5% APR in liquid SOV with a potential of 100% APR, on top of potential liquidation revenues
HoW IT WORKS
Hold onto your keys, and your coins while Superstacking or HyperHODLing!
Edan Yago of Sovryn explains the many ways to earn Bitcoin through the Sovryn app.
Earn passive income on Sovryn. Stress-free.
Sovryn allows you to earn a passive income through lending, as you accrue interest on your funds. Enjoy lending on a decentralized platform that requires no sign-up and never takes custody of your funds.
earn interest
Lend your assets directly to borrowers or to margin traders.
Maintain control of your funds, on a decentralized platform
that’s built on the security of the Bitcoin network.
The Sovryn protocol dynamically adjusts interest rates to reward
lenders for the cost and risk of illiquidity.
Sovryn lending is entirely non-custodial, and has no prepayment
penalties, so lenders are free to redeem their lent assets at any time.
Lenders can offer liquidity to a pool of their choice with a single
token, and maintain 100% exposure to solely that token.
Liquidity providers can earn both fee and liquidity mining rewards.
Users can deposit two assets in double-sided liquidity pools;
via Sovryn's Automated Market Maker (AMM).
Earn rewards in SOV awarded on a weeky basis.
As well as giving you the right to vote in Bitocracy, it seriously pays off to be an SOV staker.
start stakingStakers earn a pro rata share of Zero borrowing fees in ZUSD
and redemption fees in RBTC.
Stakers earn RBTC rewards from AMM revenue.
Stakers earn RBTC rewards from legacy lending and borrowing
protocol revenue.
Stakers earn a share of SOV from users who unstake before the
end of their staking period.
However, as the liquidation process is influenced by individual user behavior and market dynamics, characterizing the APY of the Stability Pool presents a challenge. Periods of calm may span months with no liquidations, only to be punctuated by a flurry of large liquidations in a short timeframe.
A recent study of Stability Pool rewards sheds light on the opportunity. “Fishing for Gains in the Zero Stability Pool” suggested a 95% gain could be achieved via the stability pool. Then a more advanced model, presented in 'Fishing for Gains in the Zero Stability Pool: Logistic Regression Analysis' estimates an as much as 132% APR. It should be noted that due to the high variability in liquidation timing, there can be significant year-to-year variations. The 5% Stability Pool reward provides a consistent base level of yield.
Stable bitcoin price could mean a period without liquidations. That’s why we’re sweetening the deal, guaranteeing 5% APR to all depositors, paid in Sovryn’s governance token SOV.
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Sovryn offers a variety of ways in which you can earn on your crypto.
Staking also gives you the right to vote in Sovryn Bitocracy.
