Sovryn Dollar DLLR
1. Summary
- Description
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Project Overview
Project Overview
Sovryn Dollar (DLLR) is a decentralized, dollar-pegged stablecoin that is backed by Bitcoin. It was forked from Liquity and uses Rootstock Bitcoin (RBTC) as collateral. The stablecoin is currently overcollateralized by 300% with Bitcoin and has been operational on the mainnet for over a year.
Features
- Bitcoin-backed: The Sovryn Dollar is fully collateralized by Bitcoin, ensuring a stable value pegged to the US dollar.
- Decentralized: The stablecoin operates on a fully decentralized system, resisting censorship and ensuring transparency.
- Highly liquid: DLLR can be easily converted to Bitcoin, dollars, or other stablecoins, providing a reliable store of value.
- Low gas fees: The stablecoin offers low transaction fees, making it an efficient choice for everyday transactions.
Use Cases
- Everyday transactions: Sovryn Dollar provides a stable and secure form of money for daily transactions.
- Saving and investing: DLLR is a reliable store of value, allowing users to hold and protect their wealth.
- Yield earning: Users can earn yield on their DLLR savings.
Key Details
- Symbol: DLLR
- Collateralization: 300% overcollateralized by Bitcoin
- Mainnet: Operational for over a year
- Use cases: Everyday transactions, saving, investing, and yield earning.
| Price | |
| 52W High price | $1.02 |
| 52W High date | 19th Sep 2023 (1 year ago) |
| All Time High (ATH) Date | 17th Nov 2023 (1 year ago) |
| ATH Price | $1.05 |
| % From ATH | -6.2% |
| All Time Low (ATL) Date | 13th Jul 2023 (1 year ago) |
| ATL Price | $0.93 |
| % From ATL | 6.66% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $77,291.00 |
| Total Supply | 3.45M |
DLLR
How does Sovryn Dollar's (DLLR) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-1.0%
DLLR
26.2%
Similar Market Cap
60 Day Return
0.2%
DLLR
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Similar Market Cap
We're monitoring 109 Sovryn Dollar 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 Sovryn Dollar Repos)
Commits vs. The Market
- Past 4 weeks: 1 commits vs. an average of 1
- Past 12 weeks: 2 commits vs. an average of 8
- Past year: 17 commits vs. an average of 111
Most Active Repos
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Top Developers 2024
In total, 34 developers have contributed to Sovryn Dollar over the past year. Who are the most active Sovryn Dollar developers, by commits, over the past year?
Related Projects
Developers working on Sovryn Dollar 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 | |
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| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 9,907 |
| Twitter followers | 822 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://sovryn.app |
|---|---|
| Explorer | https://blockscout.com/rsk/mainnet/token/0xc141156... |
| @SovrynDollar | |
| Forum | https://twitter.com/sovrynbtc |
What is the correct contract address for Sovryn Dollar?
| Rootstock | 0xc1411567d2670e24d9c4daaa7cda95686e1250aa |
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Has Sovryn Dollar been audited for security?
No security audits found for this project.
Are you the owner of Sovryn Dollar? Edit it here
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