Sovryn Zero Protocol Tutorial (see description disclaimer)
DISCLAIMER: as of July 31, the Sovryn DAO voted to temporarily increase the origination fees to 99%, thus effectively "pausing" loan originations on the Zero protocol in order to balance out originations and redemptions. See more here: • How SIP-66 is a Major Milestone
Today we cover a hands-on tutorial of the Sovryn ecosystem with a focus on the Zero Protocol to borrow against your bitcoin at zero interest and with no KYC!
Check out the prior videos in this series for context:
-Sovryn DLLR Overview: • What Is The Sovryn DLLR & Why Does It Matter?
-Sovryn & RSK Overview: • Sovryn: A Financial Operating System For B...
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➡️ If you missed my latest videos, be sure to give the following a watch:
-Sovryn DLLR & Zero Protocol Overview • What Is The Sovryn DLLR & Why Does It Matter?
-Is Bitcoin Security Budget Doomed? • Is Bitcoin Security Doomed?
-Wallet of Satoshi Tutorial • Wallet of Satoshi: The Simplest Bitcoin Li...
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Timestamps:
0:00 Video Introduction
0:31 Recap From Last Video
3:00 Setting Up A Sovryn-Compatible Wallet
7:08 Getting RBTC
12:48 Taking Out A Line of Credit
21:47 What You Can Do With Your LoC
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None of this is financial advice. Do your own research.
Materials Referenced:
https://wiki.sovryn.com/en/sovryn-dap...
https://wiki.sovryn.com/en/sovryn-dap...
https://wiki.sovryn.com/en/sovryn-dap...
#sovrynzeroprotocol #sovrynbitcoin #ianmajor #allthingsbitcoin
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