📍Project Rating: Adshares丨C $SOV

Sovryn is a DeFi protocol based on the Bitcoin sidechain Rootstock (RSK)

In this cycle, the ecosystems on these Bitcoin sidechains are qualitatively classified as BTC ecosystems, which is not very strict. However, since the Bitcoin main chain cannot support a Turing-complete environment, these ecosystems are summarized in this way with a base of $BTC .

Due to the timing of its issuance coinciding with the previous double-top market, the selling pressure has applied pressure to this round, resulting in a very poor performance, making it not worth the attention, especially for those focused on the Bitcoin ecosystem. Looking at this historical trend, it is better to chase new projects.

About the rating 🔻

S: Must pay attention, but in principle, it is very difficult for projects with this rating to appear.

A: Worth including in the observation pool.

B: Generally represents projects that are relatively active and have a chance to enter the observation pool.

C: A relatively ordinary target.

D: Not worth paying attention to.

Note: The content of this series will not involve any business components.