1. Summary
- Price
-
$0.000003400000 +24.4%
- Market Cap
- $103,216.00 (#7137)
- Supply
- 30.31B / 30.36B
- 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.
| Price | |
| 52W High price | $0.000236910700 |
| 52W High date | 2nd Mar 2024 (1 year ago) |
| All Time High (ATH) Date | 17th Mar 2021 (4 years ago) |
| ATH Price | $1.41 |
| % From ATH | -100% |
| All Time Low (ATL) Date | 18th Sep 2024 (7 months ago) |
| ATL Price | $0.000000000000 |
| % From ATL | 64554550070206% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $714.00 |
| Total Supply | 30.36B |
| Circulating Supply | 30.31B |
EROWAN
How does Sifchain's (EROWAN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-30.2%
EROWAN
14.4%
Similar Market Cap
60 Day Return
-47.0%
EROWAN
-18.6%
Similar Market Cap
1 Year Return
-98.2%
EROWAN
-42.8%
Similar Market Cap
We're monitoring 36 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: 0 commits vs. an average of 0
- Past 12 weeks: 0 commits vs. an average of 5
- Past year: 0 commits vs. an average of 66
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 2025
In total, 450 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.
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 | 1,218 |
| Active Discord Users | 245 |
| Telegram Users | 3,964 |
| Twitter followers | 33,714 |
-
docs.sifchain.finance/using-the-website/web-ui-step-by-step Official
-
docs.sifchain.finance/project/about-sifchain/the-rowan-token Official
-
docs.sifchain.finance/using-the-website/web-ui-step-by-step/rewards-sifs-ascension Official
-
docs.sifchain.finance/using-the-website/web-ui-step-by-step/rewards-sifs-ascention Official
-
docs.sifchain.finance/project/about-sifchain/roadmap/pmtp Official
-
docs.sifchain.finance/project/about-sifchain Official
-
docs.sifchain.finance/using-the-website/web-ui-step-by-step/rewards/liquidity-mining-rewar... Official
-
docs.sifchain.finance/welcome-to-sifchain/start-here Official
-
newsbtc.com/news/company/sifchain-partners-with-nervos-as-part-of-omni-evm-movement/
-
sifchain.finance/legal-disclamer Official
-
docs.sifchain.finance/resources/rewards-programs/previous-reward-programs Official
-
docs.sifchain.finance/roles/validators Official
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... |
| @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
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.