Sovryn Announcements

Part II of our collaboration with Segment Finance is here!

Vote for both projects and if we both secure the top three, we will allocate a portion of the earned Spice to the voters of both protocols.

Vote Now - Link ⬇️
https://app.gobob.xyz/apps?category=all

The FastBTC Relay is fully operational!

New BTC/LST Trading Pools Now Live on Sovryn DEX - BOB Chain!

We're excited to announce the launch of new BTC and Liquid Staking Token (LST) oriented trading pools on Sovryn's AMM:

• SolvBTC.BBN / UniBTC
• SolvBTC.BBN / WBTC
• UniBTC / WBTC
• SolvBTC / WBTC

These new pools are a great opportunity to earn even more Spice as we continue to enhance liquidity and trading options on the Sovryn platform. Stay tuned for additional pools launching soon, including PumpBTC and fBTC.

Get ready to trade, provide liquidity, and earn more with these exciting new pools ⬇️
https://sovryn.app/earn/market-making

Community Call #65 is LIVE!

Join us ⬇️
https://discord.gg/7cRSpZJQ

FastBTC-in is in Maintenance mode

Please be advised that the FastBTC-in service (BTC -> RBTC) is currently under maintenance, your funds are safe and secure!

We'll keep you posted and notify you as soon as the service is back up and running.

Runes on Sovryn: DOG•GO•TO•THE•MOON!

We are launching new Rune Pools on Sovryn! The first to go live is DOG•GO•TO•THE•MOON and next up will be PUPS•WORLD•PEACE.

Deposit your $DOG in the trading pool to earn $POWA, Spice, and a cut of the trading fees!

Participate in our Galxe campaign to win even more!
Hint: Everyone wins ⬇️
https://app.galxe.com/quest/bitcoinOS/GCBCatK4co

Tasks:
-Follow on X
-Buy $POWA
-Deposit $DOG

Rewards:
-Everyone who completes the Galxe quests will receive $POWA from our $4,000 reward pool.
-The top 10 $DOG liquidity providers will win prizes of $1,500 $POWA pool:

1st place: $500
2nd place: $300
3rd place: $200
4th place: $125
5th place: $100
6th place: $75
7th - 10th: $50

-To celebrate runes, BOB are giving away 535k Spice points per dayto each of the DOG pools. The earlier you deposit the more spice you’ll earn.

Duration:
October 16th – 25th

New to trading Runes or providing liquidity on the Sovryn dApp? Check out our wiki and get started ⬇️
https://wiki.sovryn.com/en/campaign/runes

Join the Powa Ranger ⬇️
https://t.me/SovSquad

Over 1.25 Billion Spice Distributed in Season 3 and 10.3 Billion Across All Seasons!

Sovryn is back on the VOTING LIST!
Use your Spice points to vote for Sovryn and help us secure a top 3 spot, which means even more Spice points for our community.

Vote NOW ⬇️
https://app.gobob.xyz/apps?category=all

We've distributed the third batch of Spice (fourth, including the bonus batch!), bringing the total Season 3 Spice distributed to approximately 1.25 billion. Across all three seasons, we've now distributed a staggering 10.3 billion Spice to a total of 18,127 users.

Here’s the latest scoop:
Spice Distributed: 224,814,702.31

We’ve applied a 7X multiplier to all users providing liquidity or staking on the Sovryn dApp.

We’re committed to delivering juicy rewards in the BOB ecosystem. Stay tuned for more updates!

Earn Your Spice Today ⬇️
https://app.gobob.xyz/sign-up?refCode=u0i6lk

Community Call #65

Join us to get the scoop on our upcoming market-leading lending solution, the improved Sovryn Money Markets. Plus, look at the scope of Sovryn’s growth since launching on BOB and the upcoming launch on the B² Network. Stay till the end for the Sovryn & BOS AMA.

Exciting times are ahead; please make sure to join ⬇️
https://discord.gg/7cRSpZJQ

Spice Points Surprise Splash!

What happened in the voting for Sovryn last week?
A whopping 6,750 of you participated in the voting and we Sovryn received 150,000,000 Bonus Spice which we have distributed among our devoted community.

Bonus Spice Distribution:
- 80% of the bonus Spice Points were distributed proportionally based on each voter's Voting Power.
- 20% were equally divided among all voters, granting 4,444.4444 Spice to each participant!

Whether you're new to the community or a long-time member, your contributions are invaluable.

What's Next?
Stay tuned for more exciting updates and opportunities to earn Spice Points.

We’re committed to delivering the best rewards in the BOB ecosystem ⬇️
https://app.gobob.xyz/sign-up?refCode=u0i6lk

Doubling the Multipliers for Loyal Members - Another Boosted Distribution for Spice Season 3

We’ve wrapped up the second distribution of Season 3 Spice, and this time, we didn’t just speed things up, we turned up the heat to make it even spicier.

In this round, we’ve distributed ~392.5M Spice to 11,270 users. Here’s the breakdown:
• 378 users providing liquidity and staking
• 10,569 users providing liquidity
• 323 users staking

While we’ve noticed a drop in user numbers, those who’ve stayed with us got an even sweeter deal! Instead of the planned 7X multiplier, we doubled it to 14X! And, what you may not have noticed, the first distribution had an effective 16X multiplier instead of 10X. Only the most "Spice seasoned" Sovryns caught that surprise boost!

In other words, the first two Season 3 distributions were part of yet another Sovryn Spice Surge Surprise. We are all about rewarding our most dedicated users with more Spice than anywhere else!

150,000,000 Spice Bonus Unlocked!

Thanks to your votes, we managed to place 2nd in the DEXs category on BOB. Our Segment Finance collab gave us a Spicy boost to solidify our position.

Ready for more Spice? Start using Sovryn ⬇️
https://app.gobob.xyz/sign-up?refCode=u0i6lk

Vote for Sovryn & Segment Finance to Earn More Spice 🌶

In a spicy collab, we’re asking our communities to vote for both projects. If we both secure a top-three spot, we’ll split the bonus spice among the participants.

Segment will also throw in Segment Points!

Vote now! Link ⬇️
https://t.co/CmdSbPPqNl

Our community continues to grow, and we're thrilled to see so many of you participating in this new season. In this initial distribution, we've allocated approximately 484,509,602 Spice points to 12,386 users.

Here's the breakdown:
- 390 users who both provide liquidity and stake
- 11,668 users who provide liquidity
- 328 users who stake

For this first distribution, we've applied a 10x multiplier for all assets provided as liquidity or staked on the Sovryn dApp. Take note that the next distribution will have a 7x multiplier, so now is the perfect time to maximize your participation!

Get your Spice with Sovryn ⬇️
https://app.gobob.xyz/sign-up?refCode=u0i6lk

The first batch of Season 3 Spice has been distributed. Use your Spice to vote for Sovryn and earn a bonus!

Season 3 introduces an exciting new feature. Participants can vote for their favorite project using their Spice points. By uniting to allocate votes to Sovryn, we aim to secure a spot in the top 3. Achieving this will enable us to distribute even more Spice points back to our community!

Vote NOW ⬇️
https://app.gobob.xyz/apps?category=all

The Sovryn Rune - POWA Burn Complete!

We’ve successfully burned 325B+ POWA (32.52% of the supply) as outlined in SIP-0081. This monumental burn strengthens the value of the remaining tokens and underscores our ongoing commitment to the community.

POWA Burn Proof ⬇️
https://ordinals.com/rune/POWA%E2%80%A2RANGERS%E2%80%A2GO

SPACES LIVE ⬇️
https://x.com/sovrynbtc/status/1840730875874443724?s=46&t=NhCO44oy_Hp4Pu_Bj7I0gA

32.52% $POWA Supply Burn 🔥

On Monday, we take a decisive step in executing SIP-0081 by burning 325,242,050,943 unclaimed $POWA, the Sovryn Rune.

This action will boost the value of the remaining POWA tokens and strengthen individual sovereignty.

Your Spice isn’t locked or burned, it’s just used to calculate voting power. Vote here ⬇️
https://app.gobob.xyz/apps?category=all

To celebrate the start of Season 3, we will apply a 10x multiplier for the first Spice distribution. We are also preparing something special for the upcoming distributions.

Sovryn is also working on providing additional use cases for LSTs on BOB. All users can rest assured that Sovryn will deliver the best possible opportunities for this ⬇️
https://app.gobob.xyz/sign-up?refCode=u0i6lk

Since our launch on BOB in May, we've seen tremendous growth, increasing from 1,387 users in Season 1 to over 12,353 users by the end of Season 2, a nearly 10x jump!

We’ve been THE place to earn Spice for both Seasons 1 & 2, since we offered the best multipliers for user deposits, and we aim to continue offering the highest Spice return in Season 3 as well…

For this final Spice distribution for Season 2, we applied once again a 7x multiplier. Approximately 425 million Spice points were distributed to 12,353 users. Unlike previous distributions, this one covered 8 days instead of 7.

The final Spice season, Season 3, has already started. It will focus more on BTC and new products, including Liquid Staking Tokens (LSTs).

New Season 3 feature - Community Voting: Vote with your Spice to get a Spice Bonus!
• Vote for Sovryn
• Use Spice as your voting power
• Top projects win a weekly Spice bonus to share with users