1. Summary

Ranks

Liquidity
35
Developer
44
Social
81
Momentum (beta)
0
Stack Rank™
-
Price
52W High price $0.003120827600
52W High date 17th Dec 2023 (6 months ago)
All Time High (ATH) Date 17th Mar 2021 (3 years ago)
ATH Price $1.41
% From ATH -100%
All Time Low (ATL) Date 16th Apr 2024 (2 months ago)
ATL Price $0.000016700000
% From ATL 31.56%
Supply & Trading Volume
Trading Volume (24h) $1,785.00
Total Supply 8.14B
Max Supply 8.14B
Circulating Supply 8.09B
Description

Sifchain is a decentralized exchange designed to facilitate cross-chain transactions across a wide array of blockchain platforms. Built using the Cosmos SDK, Sifchain inherits the cross-chain capabilities of Thorchain and uniquely leverages pegged tokens to support these transactions. The platform aims to integrate 20-25 of the top blockchain ecosy...

Sifchain is a decentralized exchange designed to facilitate cross-chain transactions across a wide array of blockchain platforms. Built using the Cosmos SDK, Sifchain inherits the cross-chain capabilities of Thorchain and uniquely leverages pegged tokens to support these transactions. The platform aims to integrate 20-25 of the top blockchain ecosystems, including Bitcoin, Ethereum, Polkadot, and others, enabling users to access a broad range of cryptocurrencies.

Governance

Sifchain employs decentralized governance through SifDAO, which is inspired by models like Compound, YFI, and Synthetix. The goal is to transition governance power to the community and maintain true self-sovereignty. The platform will utilize market-based performance evaluation and on-chain crypto-economic incentives to optimize its development and ensure self-funding and sustainability.

Security

To ensure the security of the Sifchain ecosystem, the core development team will lead the development and deployment of each bridge. The team aims to provide the same security guarantees across all bridges, potentially using the ROWAN token as collateral or creating a dedicated token for these peg zones, depending on market conditions.

Consensus

Sifchain employs Tendermint's consensus engine, with validators staking their own ROWAN as well as ROWAN delegated by other holders. The top 115 validators with the highest stake comprise the consensus set, ensuring the security and reliability of on-chain trading.

Development

The platform is designed to simplify blockchain integration for the open-source community, reducing development costs and barriers. It will also engage the market through tools like alpha bonds to optimize its development.

Peggy and Peg-zones

Sifchain's cross-chain infrastructure is based on the Peggy and peg-zone design. Each peg-zone is a system that manages assets and bridges them across different blockchain networks. This architecture allows for seamless cross-chain transactions and manages liquidity pools.

2. Price

EROWAN

2.1. Market Performance

How does Sifchain's (EROWAN) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-76.6%

EROWAN

-42.0%

Similar Market Cap

60 Day Return

-90.1%

EROWAN

-51.6%

Similar Market Cap

1 Year Return

-92.8%

EROWAN

-79.8%

Similar Market Cap

3. Developer Activity

We're monitoring 28 Sifchain GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Sifchain Repos)

Commits vs. The Market

  • Past 4 weeks: 7 commits vs. an average of 1
  • Past 12 weeks: 7 commits vs. an average of 8
  • Past year: 10 commits vs. an average of 138

Most Active Repos

Past week 3527
Past 12 weeks 8667
Past year 8724
Past week 3085
Past 12 weeks 5218
Past year 5218
Past week 56
Past 12 weeks 421
Past year 2225
Past week 10
Past 12 weeks 150
Past year 1663
Past week 0
Past 12 weeks 9
Past year 617
Past week 0
Past 12 weeks 144
Past year 368

Top Developers 2024

In total, 424 developers have contributed to Sifchain over the past year. Who are the most active Sifchain developers, by commits, over the past year?

Related Projects

Developers working on Sifchain also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users 626
Active Discord Users 92
Telegram Users 5,069
Twitter followers 36,027
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://sifchain.finance/
Explorer https://etherscan.io/token/0x07bac35846e5ed502aa91...
Twitter @sifchain

What is the correct contract address for Sifchain?

Osmosis ibc/8318FD63C42203D16DDCAF49FE10E8590669B3219A3E87676AC9DA50722687FB
Ethereum 0x07bac35846e5ed502aa91adf6a9e7aa210f2dcbe
Polygon-pos 0xa7051c5a22d963b81d71c2ba64d46a877fbc1821

Has Sifchain been audited for security?

No security audits found for this project.

Are you the owner of Sifchain? Edit it here

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