
Sifchain EROWANPrice N/A
EROWAN Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Sifchain (EROWAN) Chart
ICO
19 Feb 2021 — 26 Feb 2021
Raised
N/A
Price:
$ 0.03
Platform:
N/A
ATH ROI:
46.54x +4,554%










What is Sifchain (EROWAN)?
Sifchain aims to be the first Omni-Chain DEX, targeting 20–25 blockchains for cross-chain integration. The targeted blockchains represent the overwhelming majority of all cryptocurrency trading volume, meaning that the whole cryptocurrencies liquidity can be accessed on-chain through the Sifchain DEX. As a decentralized exchange, Sifchain combines liquidity pools and order books for optimal order execution, while implementing adaptive AMMs for limit orders and token swaps. Traders will be able to place limit orders that are executed against the liquidity pool as the market price fluctuates. Sifchain will also allow traders to use margin on their trades by borrowing from the liquidity pool. The interest rate is set based on market demand and liquidity supply. Liquidity providers are able to add liquidity into Sifchain’s liquidity pools symmetrically or asymmetrically, while front-running in order placements is prevented through a commitment-reveal scheme. Sifchain allows coordinated deployment of capital by DAOs and simplifies the process of blockchain integration by lowering the barriers for open-source communities.
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