# Bitocracy

**URL:** https://forum.sovryn.com/c/bitocracy/6.md

[Latest](https://forum.sovryn.com/latest.md) · [Categories](https://forum.sovryn.com/categories.md)

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## [What's a Bitocracy?](https://forum.sovryn.com/t/whats-a-bitocracy/25)

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**Author:** [@Ingalandia](https://forum.sovryn.com/u/Ingalandia)\
**Replies:** 0\
**Last updated:** [February 2, 2021, 12:02am UTC](https://forum.sovryn.com/t/whats-a-bitocracy/25 "2021-02-02T00:02:13Z")

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A Bitocracy encompasses a self-running, decentralized business where users interact with the Bitcoin blockchain with complete financial sovereignty, enjoying Bitcoin-class security and long term incentives to act in bene…

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## [SIP-0096 (Parts 1–2): Perimeter Delay — 24-Hour Withdrawal Protection](https://forum.sovryn.com/t/sip-0096-parts-1-2-perimeter-delay-24-hour-withdrawal-protection/3602)

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**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 0\
**Last updated:** [October 13, 2026, 11:03pm UTC](https://forum.sovryn.com/t/sip-0096-parts-1-2-perimeter-delay-24-hour-withdrawal-protection/3602 "2026-10-13T23:03:29Z")

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Summary This post introduces SIP-0096, voted as two technical proposals on the owner governor — the same governor-split discipline Bitocracy used for SIP-0094. Each part is its own ballot, created as a separate proposal,…

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## [September 2026 incident report: Rootstock governance attack defeated, SIP-0095 open for voting](https://forum.sovryn.com/t/september-2026-incident-report-rootstock-governance-attack-defeated-sip-0095-open-for-voting/3599)

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**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 0\
**Last updated:** [September 23, 2026, 4:12pm UTC](https://forum.sovryn.com/t/september-2026-incident-report-rootstock-governance-attack-defeated-sip-0095-open-for-voting/3599 "2026-09-23T16:12:53Z")

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September 2026 incident report: Rootstock governance attack defeated, SIP-0095 open for voting The attempted takeover of Sovryn’s governance on Rootstock has been defeated. On 20 September, Bitocracy rejected the attacke…

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## [SIP-0094 — final text, and a week to review it before creation](https://forum.sovryn.com/t/sip-0094-final-text-and-a-week-to-review-it-before-creation/3592)

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**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 3\
**Last updated:** [September 1, 2026, 11:13am UTC](https://forum.sovryn.com/t/sip-0094-final-text-and-a-week-to-review-it-before-creation/3592 "2026-09-01T11:13:35Z")

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SIP-0094 — final text, and a week to review it before creation This post is a follow-up to SIP-0094 (Parts 1–3): Perimeter Fee Activation and Adoption Fund Transfer. Sovryns, TL;DR: The Perimeter Fee contracts are de…

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## [SIP-0094 (Parts 1–3): Perimeter Fee Activation and Adoption Fund Transfer](https://forum.sovryn.com/t/sip-0094-parts-1-3-perimeter-fee-activation-and-adoption-fund-transfer/3590)

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**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 4\
**Last updated:** [August 28, 2026, 9:17am UTC](https://forum.sovryn.com/t/sip-0094-parts-1-3-perimeter-fee-activation-and-adoption-fund-transfer/3590 "2026-08-28T09:17:37Z")

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SIP-0094 (Parts 1–3): Perimeter Fee Activation and Adoption Fund Transfer Summary This post introduces SIP-0094, voted as three technical proposals: the governor caps any single proposal at ten actions (proposalMaxOperat…

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## [SIP-0093: Disable SOV and BPro as Lending-Pool Collateral](https://forum.sovryn.com/t/sip-0093-disable-sov-and-bpro-as-lending-pool-collateral/3578)

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**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 1\
**Last updated:** [June 23, 2026, 2:56pm UTC](https://forum.sovryn.com/t/sip-0093-disable-sov-and-bpro-as-lending-pool-collateral/3578 "2026-06-23T14:56:47Z")

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SIP: ‘0093’ Title: Disable SOV and BPro as Lending-Pool Collateral Author: Edan Yago (@YagoBit) Status: Draft Track: Contract Created: 2026-06-18 SIP-0093: Disable SOV and BPro as Lending-Pool Collateral Summary Th…

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## [SIP-00xx: iDOC Demand-Curve Adjustment](https://forum.sovryn.com/t/sip-00xx-idoc-demand-curve-adjustment/3564)

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**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 2\
**Last updated:** [June 3, 2026, 9:46pm UTC](https://forum.sovryn.com/t/sip-00xx-idoc-demand-curve-adjustment/3564 "2026-06-03T21:46:38Z")

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SIP: ‘0092’ Title: iDOC Demand-Curve Adjustment Author: Edan Yago (@YagoBit) Status: Draft Track: Contract Created: 2026-05-13 SIP-0092: iDOC Demand-Curve Adjustment Summary This SIP proposes a single-transaction r…

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## [SIP-00XX: Ratification of Temporary Revenue Redirection to Exchequer](https://forum.sovryn.com/t/sip-00xx-ratification-of-temporary-revenue-redirection-to-exchequer/3561)

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**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 15\
**Last updated:** [March 29, 2026, 8:53am UTC](https://forum.sovryn.com/t/sip-00xx-ratification-of-temporary-revenue-redirection-to-exchequer/3561 "2026-03-29T08:53:20Z")

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Summary This SIP ratifies and formalises the Exchequer Committee’s decision, announced on 17 February 2026, to temporarily redirect RBTC and ZUSD protocol revenue from staker distributions to the Exchequer treasury. It a…

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## [SIP-0088 Emergency Revert FeeSharingCollector Changes and Set New Proxy Contract Ownership to Bitocracy](https://forum.sovryn.com/t/sip-0088-emergency-revert-feesharingcollector-changes-and-set-new-proxy-contract-ownership-to-bitocracy/3538)

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**Author:** [@Brianna](https://forum.sovryn.com/u/Brianna)\
**Replies:** 54\
**Last updated:** [March 20, 2026, 2:48pm UTC](https://forum.sovryn.com/t/sip-0088-emergency-revert-feesharingcollector-changes-and-set-new-proxy-contract-ownership-to-bitocracy/3538 "2026-03-20T14:48:52Z")

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Description Exchequer has ownership control of the FeeSharingCollectorProxy contract and 2 days ago changed the implementation contract that removes staking fees for stakers and diverts them to exchequer Update FeeSharin…

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## [SIP - 00XY: Vote of No Confidence and Leadership Transition](https://forum.sovryn.com/t/sip-00xy-vote-of-no-confidence-and-leadership-transition/3532)

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**Author:** [@SetSovFree](https://forum.sovryn.com/u/SetSovFree)\
**Replies:** 42\
**Last updated:** [March 6, 2026, 5:31pm UTC](https://forum.sovryn.com/t/sip-00xy-vote-of-no-confidence-and-leadership-transition/3532 "2026-03-06T17:31:01Z")

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SIP - 00XY: Vote of No Confidence and Leadership Transition Sovryn is asking stakers and users to accept major changes while withholding the level of transparency required for informed consent. This SIP restores accounta…

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## [Delegate - Brianna](https://forum.sovryn.com/t/delegate-brianna/3543)

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**Author:** [@Brianna](https://forum.sovryn.com/u/Brianna)\
**Replies:** 1\
**Last updated:** [March 5, 2026, 9:09am UTC](https://forum.sovryn.com/t/delegate-brianna/3543 "2026-03-05T09:09:45Z")

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No longer a staker in Sovryn.

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## [Proposal/Ideas to Increase Zero Redemption Friction](https://forum.sovryn.com/t/proposal-ideas-to-increase-zero-redemption-friction/3434)

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**Author:** [@Brianna](https://forum.sovryn.com/u/Brianna)\
**Replies:** 8\
**Last updated:** [March 4, 2026, 3:46pm UTC](https://forum.sovryn.com/t/proposal-ideas-to-increase-zero-redemption-friction/3434 "2026-03-04T15:46:20Z")

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Hi everyone that’s still around! This is my first post on the forum, but felt it better than the discord to actually log ideas and keep the conversation going. Here’s my ideas that have been thought out on discord and h…

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## [SIP-Treasury - Establishing a fee driven treasury for Bitocracy](https://forum.sovryn.com/t/sip-treasury-establishing-a-fee-driven-treasury-for-bitocracy/3539)

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**Author:** [@Brianna](https://forum.sovryn.com/u/Brianna)\
**Replies:** 4\
**Last updated:** [March 1, 2026, 8:41pm UTC](https://forum.sovryn.com/t/sip-treasury-establishing-a-fee-driven-treasury-for-bitocracy/3539 "2026-03-01T20:41:08Z")

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Description Provided SIP-88 passes and bitocracy regains control of FeeSharingCollector, this new SIP-Treasury would update the implementation contract for FeeSharingCollector to divert some percent of all fees collected…

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## [SIP-00XX: Launch of the Sovryn Layer, Canonical SOV, and BOS Distribution](https://forum.sovryn.com/t/sip-00xx-launch-of-the-sovryn-layer-canonical-sov-and-bos-distribution/3438)

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**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 24\
**Last updated:** [February 17, 2026, 1:58pm UTC](https://forum.sovryn.com/t/sip-00xx-launch-of-the-sovryn-layer-canonical-sov-and-bos-distribution/3438 "2026-02-17T13:58:33Z")

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Fellow Sovryns, Four years ago, the Blackpaper laid out a roadmap in four stages—EVM compatibility, DeFi primitives, BTC-backed stablecoins, and finally: rollups. We’ve delivered on the first three. This SIP is about de…

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## [Open Community Discussion: Strengthening Sovryn’s Treasury for Long-Term Sustainability](https://forum.sovryn.com/t/open-community-discussion-strengthening-sovryn-s-treasury-for-long-term-sustainability/3416)

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**Author:** [@Timechianman](https://forum.sovryn.com/u/Timechianman)\
**Replies:** 1\
**Last updated:** [October 4, 2025, 9:09am UTC](https://forum.sovryn.com/t/open-community-discussion-strengthening-sovryn-s-treasury-for-long-term-sustainability/3416 "2025-10-04T09:09:29Z")

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Be careful out there… listen to what @Brianna says.

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## [Motivate trading and activity by lowering fees](https://forum.sovryn.com/t/motivate-trading-and-activity-by-lowering-fees/3380)

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**Author:** [@Supersov](https://forum.sovryn.com/u/Supersov)\
**Replies:** 13\
**Last updated:** [October 3, 2025, 8:11pm UTC](https://forum.sovryn.com/t/motivate-trading-and-activity-by-lowering-fees/3380 "2025-10-03T20:11:14Z")

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Bitocratians, I suggest we lower the fee prices to motivate trading and actual use of platform. We have almost 80m $ locked on all platforms and only 30k $ moved in last 24h. Basic swaps 1,50$ (rBTC to SOV) Liqui…

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## [SIP-0087: Lending Pools Contract Hardening Security](https://forum.sovryn.com/t/sip-0087-lending-pools-contract-hardening-security/3415)

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**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 3\
**Last updated:** [September 30, 2025, 10:25am UTC](https://forum.sovryn.com/t/sip-0087-lending-pools-contract-hardening-security/3415 "2025-09-30T10:25:36Z")

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SIP-0087: Strengthening Lending Pools Security Against Liquidation Circumvention via Refund Reverts Summary A vulnerability was discovered in the Sovryn lending pool smart contracts, allowing malicious actors to prevent …

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## [SIP-0085: $BOS token distribution within Sovryn](https://forum.sovryn.com/t/sip-0085-bos-token-distribution-within-sovryn/3306)

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**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 52\
**Last updated:** [August 7, 2025, 8:28pm UTC](https://forum.sovryn.com/t/sip-0085-bos-token-distribution-within-sovryn/3306 "2025-08-07T20:28:23Z")

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Forum discussion thread: SIP-XXXX: $BOS token distribution - #61 by Hyde Attention: This SIP goes to vote on December 6, 8 a.m UTC. SIP-0085: $BOS token distribution within Sovryn Summary Sovryn treasury to receive 2% o…

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## [The Biggest Opportunity for Sovryn: Becoming The Next Fed](https://forum.sovryn.com/t/the-biggest-opportunity-for-sovryn-becoming-the-next-fed/3303)

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**Author:** [@tatsumaru](https://forum.sovryn.com/u/tatsumaru)\
**Replies:** 11\
**Last updated:** [July 30, 2025, 1:49am UTC](https://forum.sovryn.com/t/the-biggest-opportunity-for-sovryn-becoming-the-next-fed/3303 "2025-07-30T01:49:18Z")

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The Biggest Opportunity for Sovryn We’ve been thinking about stablecoins wrong. Here’s why: The government issues Treasury bonds that fluctuate in value based on interest rates, economic conditions, and time to maturity…

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## [Bitcoin OS - Pre Sales Snapshot](https://forum.sovryn.com/t/bitcoin-os-pre-sales-snapshot/3354)

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**Author:** [@Timechianman](https://forum.sovryn.com/u/Timechianman)\
**Replies:** 13\
**Last updated:** [March 7, 2025, 2:05pm UTC](https://forum.sovryn.com/t/bitcoin-os-pre-sales-snapshot/3354 "2025-03-07T14:05:04Z")

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Be careful out there… listen to what @Brianna says.

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## [AMA 26/03/2024 - Communication Issues](https://forum.sovryn.com/t/ama-26-03-2024-communication-issues/3139)

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**Author:** [@Timechianman](https://forum.sovryn.com/u/Timechianman)\
**Replies:** 4\
**Last updated:** [March 29, 2024, 7:42am UTC](https://forum.sovryn.com/t/ama-26-03-2024-communication-issues/3139 "2024-03-29T07:42:16Z")

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Be careful out there… listen to what @Brianna says.

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## [Federated Governance](https://forum.sovryn.com/t/federated-governance/3143)

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**Author:** [@Timechianman](https://forum.sovryn.com/u/Timechianman)\
**Replies:** 2\
**Last updated:** [April 5, 2024, 9:12am UTC](https://forum.sovryn.com/t/federated-governance/3143 "2024-04-05T09:12:11Z")

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Be careful out there… listen to what @Brianna says.

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## [Financial Reports on the Wiki](https://forum.sovryn.com/t/financial-reports-on-the-wiki/3324)

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**Author:** [@Armando](https://forum.sovryn.com/u/Armando)\
**Replies:** 1\
**Last updated:** [December 13, 2024, 9:07pm UTC](https://forum.sovryn.com/t/financial-reports-on-the-wiki/3324 "2024-12-13T21:07:37Z")

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We have collected all financial reports in the wiki for easier access. Thanks to CEK and Torulf for the help on this. The reports can be found here:

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## [SIP 0085 - Thoughts](https://forum.sovryn.com/t/sip-0085-thoughts/3321)

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**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 10\
**Last updated:** [December 12, 2024, 4:41pm UTC](https://forum.sovryn.com/t/sip-0085-thoughts/3321 "2024-12-12T16:41:52Z")

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SIP 85 has proven controversial. I’d like to offer my own personal thoughts on the process. Proclamation SIP and Threshold Requirements Broadly speaking votes which require higher quorum and vote participation (Admin) …

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## [SIP-XXXX: Launch of BitcoinOS (BOS) Under Sovryn Incubation](https://forum.sovryn.com/t/sip-xxxx-launch-of-bitcoinos-bos-under-sovryn-incubation/3169)

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**Author:** [@dharkmattr](https://forum.sovryn.com/u/dharkmattr)\
**Replies:** 91\
**Last updated:** [December 9, 2024, 4:49am UTC](https://forum.sovryn.com/t/sip-xxxx-launch-of-bitcoinos-bos-under-sovryn-incubation/3169 "2024-12-09T04:49:27Z")

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Fellow Sovryns, I have worked on Sovryn and BabelFish and for the last few months I have been working on BOS (BitcoinOS). We want to propose that Sovryn launch BOS - and for this purpose, we would like to present the …

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## [SIP-XXXX: $BOS token distribution](https://forum.sovryn.com/t/sip-xxxx-bos-token-distribution/3282)

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**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 66\
**Last updated:** [December 6, 2024, 10:47am UTC](https://forum.sovryn.com/t/sip-xxxx-bos-token-distribution/3282 "2024-12-06T10:47:06Z")

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Hello Sovryns, over the past few days, there have been lively discussions about how the 10% $BOS token allocation (See SIP-0083) to Sovryn should be split. A poll was conducted in the Sovryn trading Dojo telegram channe…

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## [SIP Proposal: Transfer of SOV from Adoption Fund to Build on Bitcoin Mainnet](https://forum.sovryn.com/t/sip-proposal-transfer-of-sov-from-adoption-fund-to-build-on-bitcoin-mainnet/3130)

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**Author:** [@Armando](https://forum.sovryn.com/u/Armando)\
**Replies:** 54\
**Last updated:** [December 3, 2024, 5:57pm UTC](https://forum.sovryn.com/t/sip-proposal-transfer-of-sov-from-adoption-fund-to-build-on-bitcoin-mainnet/3130 "2024-12-03T17:57:37Z")

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Dear Sovryns, Following the approval of SIP-0078, Sovryn will be deploying on the BOB chain (Build on Bitcoin). This is an exciting and important milestone for Sovryn, which should be leveraged for maximum effect. This …

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## [Sovryn 2024 Quarterly Financial Reports](https://forum.sovryn.com/t/sovryn-2024-quarterly-financial-reports/3305)

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**Author:** [@Armando](https://forum.sovryn.com/u/Armando)\
**Replies:** 0\
**Last updated:** [December 2, 2024, 7:19pm UTC](https://forum.sovryn.com/t/sovryn-2024-quarterly-financial-reports/3305 "2024-12-02T19:19:59Z")

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Dear Sovryn Community, I am posting the quarterly financial reports for Sovryn here so that they are visible to all community members. I will also work with the community team to have all these reports and historic ones…

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## [SIP-0084: Deactivate Fallback Price Oracle Contract](https://forum.sovryn.com/t/sip-0084-deactivate-fallback-price-oracle-contract/3299)

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**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 1\
**Last updated:** [December 2, 2024, 10:00am UTC](https://forum.sovryn.com/t/sip-0084-deactivate-fallback-price-oracle-contract/3299 "2024-12-02T10:00:18Z")

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Dear Sovryns, The Sovryn Lending and Zero protocols currently depend on the Rootstock Oracle price feed on the Rootstock blockchain as a fallback price oracle for WRBTC in USD. This fallback oracle is utilized only when…

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## [Revenue from dex on rsk and bob shared equally](https://forum.sovryn.com/t/revenue-from-dex-on-rsk-and-bob-shared-equally/3118)

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**Author:** [@Kingpin](https://forum.sovryn.com/u/Kingpin)\
**Replies:** 8\
**Last updated:** [November 25, 2024, 7:10pm UTC](https://forum.sovryn.com/t/revenue-from-dex-on-rsk-and-bob-shared-equally/3118 "2024-11-25T19:10:49Z")

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So i do agree that bob is the next step going forward. But i think for the the safety of stakers on rootstock we should share the fees equally among all stakers on both chains. In this way we will bring a lot of attent…

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