# Bitocracy

**URL:** https://forum.sovryn.com/c/bitocracy/6.md?page=1

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

**Page:** 2

---

## [Proposal: Bitcoin Standard for Corporate Treasuries with Tokenized Business Value](https://forum.sovryn.com/t/proposal-bitcoin-standard-for-corporate-treasuries-with-tokenized-business-value/3254)

<div class="topic-metadata">

**Author:** [@tatsumaru](https://forum.sovryn.com/u/tatsumaru)\
**Replies:** 15\
**Last updated:** [November 21, 2024, 2:42pm UTC](https://forum.sovryn.com/t/proposal-bitcoin-standard-for-corporate-treasuries-with-tokenized-business-value/3254 "2024-11-21T14:42:24Z")

</div>

Introduction: As we enter an era where success in investing means outperforming Bitcoin rather than traditional indices like the S&P, I believe many companies will consider transitioning to a Bitcoin Standard for their …

---

## [SIP-0083 Proposal: Sovryn - BitcoinOS Contributor and $BOS Token Launch](https://forum.sovryn.com/t/sip-0083-proposal-sovryn-bitcoinos-contributor-and-bos-token-launch/3267)

<div class="topic-metadata">

**Author:** [@frenchvictory](https://forum.sovryn.com/u/frenchvictory)\
**Replies:** 30\
**Last updated:** [November 12, 2024, 12:14am UTC](https://forum.sovryn.com/t/sip-0083-proposal-sovryn-bitcoinos-contributor-and-bos-token-launch/3267 "2024-11-12T00:14:02Z")

</div>

1. Overview BitcoinOS (BOS) is being developed to allow any code to be executed on Bitcoin, representing a fundamental upgrade to the Bitcoin protocol. As one of the key development teams, Sovryn proposes to launch this …

---

## [\[SIP-XX\] State of the dapp / Expansion to new Worlds (L2's)](https://forum.sovryn.com/t/sip-xx-state-of-the-dapp-expansion-to-new-worlds-l2s/3263)

<div class="topic-metadata">

**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 2\
**Last updated:** [November 7, 2024, 7:43am UTC](https://forum.sovryn.com/t/sip-xx-state-of-the-dapp-expansion-to-new-worlds-l2s/3263 "2024-11-07T07:43:17Z")

</div>

Hello Sovryns, I would like to discuss the current situation of the dapp in this thread and look for solutions on how we can achieve better functionality. Sovryn is expanding from RSK to other chains / L2s. This is the…

---

## [Fuck your censorship. You lock. I reopen](https://forum.sovryn.com/t/fuck-your-censorship-you-lock-i-reopen/2494)

<div class="topic-metadata">

**Author:** [@DMAN](https://forum.sovryn.com/u/DMAN)\
**Replies:** 7\
**Last updated:** [October 12, 2024, 3:46am UTC](https://forum.sovryn.com/t/fuck-your-censorship-you-lock-i-reopen/2494 "2024-10-12T03:46:55Z")

</div>

Monkey mods gave their own responses to my proofs that they are moderating and censoring normal users (not me) in things they don’t like. They responded to my PROOFS with “we didn’t delete” And technically I agree. The…

---

## [Resurrecting Zero](https://forum.sovryn.com/t/resurrecting-zero/3242)

<div class="topic-metadata">

**Author:** [@one\_digit](https://forum.sovryn.com/u/one_digit)\
**Replies:** 37\
**Last updated:** [October 11, 2024, 8:23pm UTC](https://forum.sovryn.com/t/resurrecting-zero/3242 "2024-10-11T20:23:58Z")

</div>

TL;DR Lack of demand for ZUSD leads to significant redemptions, which leads to ever-higher collateral ratios (CRs). This has made the stability pool (SP) unattractive for potential liquidations and as a way to generate d…

---

## [Potential SIP: Create a lending pool for $SOV](https://forum.sovryn.com/t/potential-sip-create-a-lending-pool-for-sov/3049)

<div class="topic-metadata">

**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 25\
**Last updated:** [August 3, 2024, 1:18am UTC](https://forum.sovryn.com/t/potential-sip-create-a-lending-pool-for-sov/3049 "2024-08-03T01:18:42Z")

</div>

Hello Sovryns, in this thread I would like to take up the discussion from the Telegram channels and propose the creation of a $SOV lending pool. In addition, i propose to bootstrap the $SOV lending pool with (enter 6 di…

---

## [SIP-0082: Reduce Zero Origination Fee Floor to 5%](https://forum.sovryn.com/t/sip-0082-reduce-zero-origination-fee-floor-to-5/3211)

<div class="topic-metadata">

**Author:** [@capitalist42](https://forum.sovryn.com/u/capitalist42)\
**Replies:** 2\
**Last updated:** [July 16, 2024, 12:58am UTC](https://forum.sovryn.com/t/sip-0082-reduce-zero-origination-fee-floor-to-5/3211 "2024-07-16T00:58:15Z")

</div>

Summary If approved, this proposal will reduce the ZUSD origination fee floor in the Sovryn Zero protocol from 8% to 5%. Motivation The Zero Protocol is still in the bootstrap period. We should focus on growing the ZUSD…

---

## [Presale buy using OSSOV Staking subsidies](https://forum.sovryn.com/t/presale-buy-using-ossov-staking-subsidies/3207)

<div class="topic-metadata">

**Author:** [@sovrynday1](https://forum.sovryn.com/u/sovrynday1)\
**Replies:** 3\
**Last updated:** [July 10, 2024, 12:38pm UTC](https://forum.sovryn.com/t/presale-buy-using-ossov-staking-subsidies/3207 "2024-07-10T12:38:10Z")

</div>

In relation to the latest community call discussions about BitcoinOS And coming up with suggestions, What do bitcoinOS devs & stakers think about Somehow aligning the staking rewards from SIP77 into bitcoinOS By allowing…

---

## [SIP-0081: Burning Unclaimed and Unallocated POWA Runes](https://forum.sovryn.com/t/sip-0081-burning-unclaimed-and-unallocated-powa-runes/3191)

<div class="topic-metadata">

**Author:** [@Hyde](https://forum.sovryn.com/u/Hyde)\
**Replies:** 4\
**Last updated:** [July 8, 2024, 8:58pm UTC](https://forum.sovryn.com/t/sip-0081-burning-unclaimed-and-unallocated-powa-runes/3191 "2024-07-08T20:58:01Z")

</div>

SIP-00xx: Burning Unclaimed and Unallocated POWA Runes Background More than 35% of POWA is yet unclaimed, more than 60 days after launch. We propose to burn it all. The POWA Rune token was introduced in the 2024 halving…

---

## [Path to Reduce Zero Protocol origination fee floor](https://forum.sovryn.com/t/path-to-reduce-zero-protocol-origination-fee-floor/3188)

<div class="topic-metadata">

**Author:** [@capitalist42](https://forum.sovryn.com/u/capitalist42)\
**Replies:** 16\
**Last updated:** [July 8, 2024, 5:55am UTC](https://forum.sovryn.com/t/path-to-reduce-zero-protocol-origination-fee-floor/3188 "2024-07-08T05:55:05Z")

</div>

Objective This discussion thread intends to drive consensus on how we are going to reduce the Zero Protocol origination fee in the future. Current Situation The total supply of ZUSD has been hovering at 4~5M for over 7…

---

## [SIP-0080: Zero Protocol Redemption Page](https://forum.sovryn.com/t/sip-0080-zero-protocol-redemption-page/3180)

<div class="topic-metadata">

**Author:** [@capitalist42](https://forum.sovryn.com/u/capitalist42)\
**Replies:** 6\
**Last updated:** [July 3, 2024, 2:02pm UTC](https://forum.sovryn.com/t/sip-0080-zero-protocol-redemption-page/3180 "2024-07-03T14:02:39Z")

</div>

SIP-0080: Zero Protocol Redemption Page Proclamation text Sovryn web application (reference deployment) should always include UI option for average users to redeem their ZUSD/DLLR via Zero Protocol. Motivation for writ…

---

## [SIP Proposal: SOV Rewards](https://forum.sovryn.com/t/sip-proposal-sov-rewards/3097)

<div class="topic-metadata">

**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 86\
**Last updated:** [July 2, 2024, 9:12pm UTC](https://forum.sovryn.com/t/sip-proposal-sov-rewards/3097 "2024-07-02T21:12:48Z")

</div>

Please find the proposed SIP here: Long form description and motivation talk can be found here: https://twitter.com/SovrynBTC/status/1752724261532270609

---

## [SIP-0076 Proposal for Sovryn to Launch on CORE DAO Chain](https://forum.sovryn.com/t/sip-0076-proposal-for-sovryn-to-launch-on-core-dao-chain/3142)

<div class="topic-metadata">

**Author:** [@Cryptoinvest](https://forum.sovryn.com/u/Cryptoinvest)\
**Replies:** 18\
**Last updated:** [June 27, 2024, 9:33pm UTC](https://forum.sovryn.com/t/sip-0076-proposal-for-sovryn-to-launch-on-core-dao-chain/3142 "2024-06-27T21:33:35Z")

</div>

Summary This SIP proposes the integration of Sovryn, the leading Bitcoin DeFi project, onto the Core DAO chain, an EVM L2 on Bitcoin. Background Sovryn has established itself as a pioneering force in the realm of Bitcoi…

---

## [SIP-00XX: Optimize Spice Earning by Depositing 20% of SOV on Segment Finance](https://forum.sovryn.com/t/sip-00xx-optimize-spice-earning-by-depositing-20-of-sov-on-segment-finance/3163)

<div class="topic-metadata">

**Author:** [@Peter](https://forum.sovryn.com/u/Peter)\
**Replies:** 5\
**Last updated:** [June 17, 2024, 9:02am UTC](https://forum.sovryn.com/t/sip-00xx-optimize-spice-earning-by-depositing-20-of-sov-on-segment-finance/3163 "2024-06-17T09:02:29Z")

</div>

SIP-00XX: Optimize Spice Earning by Depositing 20% of SOV on Segment Finance Background: Following the approval of SIP-0079, the Adoption Fund’s SOV is staked to harvest BOB’s Spice Points, with an option to renew stak…

---

## [SIP-XXXX: Proposal for Sovryn to Launch on BOB Chain](https://forum.sovryn.com/t/sip-xxxx-proposal-for-sovryn-to-launch-on-bob-chain/3114)

<div class="topic-metadata">

**Author:** [@alexei](https://forum.sovryn.com/u/alexei)\
**Replies:** 41\
**Last updated:** [March 14, 2024, 5:13am UTC](https://forum.sovryn.com/t/sip-xxxx-proposal-for-sovryn-to-launch-on-bob-chain/3114 "2024-03-14T05:13:29Z")

</div>

Author: BOB Summary This SIP proposes the integration of Sovryn, the leading Bitcoin DeFi project, onto the BOB (Build on Bitcoin) chain, a new hybrid L2 between Bitcoin and Ethereum. By leveraging the Ethereum ecosyste…

---

## [SIP-0075 Reduce Zero Origination Fee](https://forum.sovryn.com/t/sip-0075-reduce-zero-origination-fee/3085)

<div class="topic-metadata">

**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 31\
**Last updated:** [March 4, 2024, 4:07pm UTC](https://forum.sovryn.com/t/sip-0075-reduce-zero-origination-fee/3085 "2024-03-04T16:07:27Z")

</div>

SIP-0075: Reduce Zero Origination Fee Summary If approved, this proposal will reduce ZUSD origination fee floor in the Sovryn Zero protocol from 13% to 8%. Background Six months ago, the origination fee floor of Zero Pr…

---

## [SOV Rewards and BitcoinOS as the Canonical Ledger](https://forum.sovryn.com/t/sov-rewards-and-bitcoinos-as-the-canonical-ledger/3077)

<div class="topic-metadata">

**Author:** [@yago](https://forum.sovryn.com/u/yago)\
**Replies:** 55\
**Last updated:** [February 17, 2024, 8:39pm UTC](https://forum.sovryn.com/t/sov-rewards-and-bitcoinos-as-the-canonical-ledger/3077 "2024-02-17T20:39:31Z")

</div>

Sovryn is working towards the introduction of an ecosystem of rollups built on bitcoin, called Sovryn Layer. With the launch of Sovryn Layer, the SOV token will take on new roles and will need to be reconstituted on Bitc…

---

## [SIP Proposal - Transfer of SOV from Adoption and Development Funds](https://forum.sovryn.com/t/sip-proposal-transfer-of-sov-from-adoption-and-development-funds/3100)

<div class="topic-metadata">

**Author:** [@Armando](https://forum.sovryn.com/u/Armando)\
**Replies:** 12\
**Last updated:** [February 15, 2024, 10:38pm UTC](https://forum.sovryn.com/t/sip-proposal-transfer-of-sov-from-adoption-and-development-funds/3100 "2024-02-15T22:38:47Z")

</div>

Dear Sovryn Community, A proposed SIP to transfer SOV from the Development and Adoption funds to Exchequer can be viewed here. The SIP proposes the transfer of SOV for the purposes of SOV rewards, facilitating improved…

---

## [2023 Financial Report](https://forum.sovryn.com/t/2023-financial-report/3099)

<div class="topic-metadata">

**Author:** [@Armando](https://forum.sovryn.com/u/Armando)\
**Replies:** 3\
**Last updated:** [February 9, 2024, 12:25pm UTC](https://forum.sovryn.com/t/2023-financial-report/3099 "2024-02-09T12:25:00Z")

</div>

Dear Sovryn Community, The Exchequer has completed its financial report for 2023. The report includes the following: 2023 financial performance Budget report Treasury balance SOV distribution report The full report c…

---

## [SIP-0074: Electron Smart Contracts upgrade](https://forum.sovryn.com/t/sip-0074-electron-smart-contracts-upgrade/3087)

<div class="topic-metadata">

**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 11\
**Last updated:** [February 6, 2024, 7:24am UTC](https://forum.sovryn.com/t/sip-0074-electron-smart-contracts-upgrade/3087 "2024-02-06T07:24:15Z")

</div>

Dear Sovryns, We’re thrilled to announce that we’re in the final stretch of testing for our upcoming major smart contracts upgrade: the Electron release. This update brings a slew of bug fixes and improvements that we’r…

---

## [SIP-0067 Launch Sovryn on Dogechain -Dogecoin](https://forum.sovryn.com/t/sip-0067-launch-sovryn-on-dogechain-dogecoin/3055)

<div class="topic-metadata">

**Author:** [@Cryptoinvest](https://forum.sovryn.com/u/Cryptoinvest)\
**Replies:** 14\
**Last updated:** [January 5, 2024, 3:49am UTC](https://forum.sovryn.com/t/sip-0067-launch-sovryn-on-dogechain-dogecoin/3055 "2024-01-05T03:49:34Z")

</div>

Hello The aim of sovryn is to deliver DeFi (Lending , AMM, and stablecoin ) on Bitcoin side chain, using Bitcoin as collateral. However there is an opportunity to expand the protocol and earnings in a similar ecosystem…

---

## [SIP-0071: Free Zero, Free Markets, Free Individuals](https://forum.sovryn.com/t/sip-0071-free-zero-free-markets-free-individuals/3054)

<div class="topic-metadata">

**Author:** [@capitalist42](https://forum.sovryn.com/u/capitalist42)\
**Replies:** 45\
**Last updated:** [January 4, 2024, 12:28am UTC](https://forum.sovryn.com/t/sip-0071-free-zero-free-markets-free-individuals/3054 "2024-01-04T00:28:14Z")

</div>

SIP-0071: Free Zero, Free Markets, Free Individuals Summary If approved, this Proposal will reopen ZUSD minting in Zero protocol with a 13% origination fee floor. The goal is to bring back a functional two-sided market, …

---

## [Proton release: Big Smart Contracts Upgrade](https://forum.sovryn.com/t/proton-release-big-smart-contracts-upgrade/3066)

<div class="topic-metadata">

**Author:** [@TJCloak](https://forum.sovryn.com/u/TJCloak)\
**Replies:** 5\
**Last updated:** [December 18, 2023, 11:04am UTC](https://forum.sovryn.com/t/proton-release-big-smart-contracts-upgrade/3066 "2023-12-18T11:04:13Z")

</div>

Dear Sovryn Owners, The Sovryn core team has been diligently working on enhancing the technical aspects of smart contracts. This effort involves addressing what is commonly referred to as “technical debt”, a process we …

---

## [An open letter to Daniel Fogg, CEO of IOVLabs](https://forum.sovryn.com/t/an-open-letter-to-daniel-fogg-ceo-of-iovlabs/3059)

<div class="topic-metadata">

**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 7\
**Last updated:** [December 11, 2023, 9:40pm UTC](https://forum.sovryn.com/t/an-open-letter-to-daniel-fogg-ceo-of-iovlabs/3059 "2023-12-11T21:40:57Z")

</div>

An open letter to Daniel Fogg, CEO of IOVLabs: This letter is also published on the Sovryn forum at An open letter to Daniel Fogg, CEO of IOVLabs Dear Mr. Fogg, I am known by the pseudonym Sacro and speak on behalf of …

---

## [Proclamation SIP: Proposal to Rootstock / IOVLabs: Start-up aid for Zero and Babelfish](https://forum.sovryn.com/t/proclamation-sip-proposal-to-rootstock-iovlabs-start-up-aid-for-zero-and-babelfish/3053)

<div class="topic-metadata">

**Author:** [@Sacro](https://forum.sovryn.com/u/Sacro)\
**Replies:** 10\
**Last updated:** [November 28, 2023, 8:00pm UTC](https://forum.sovryn.com/t/proclamation-sip-proposal-to-rootstock-iovlabs-start-up-aid-for-zero-and-babelfish/3053 "2023-11-28T20:00:14Z")

</div>

Hello Sovryns, SIPs can not only be used to make changes to the code base. SIP’s can also be seen as a vote and poll of the Sovryn Bitocracy to publish statements and proclamations. This is one such SIP. Sovryn would l…

---

## [\[Bitocracy 3.0\] SIP-0047: Changing of the Guardians](https://forum.sovryn.com/t/bitocracy-3-0-sip-0047-changing-of-the-guardians/2546)

<div class="topic-metadata">

**Author:** [@light](https://forum.sovryn.com/u/light)\
**Replies:** 11\
**Last updated:** [October 19, 2023, 3:28pm UTC](https://forum.sovryn.com/t/bitocracy-3-0-sip-0047-changing-of-the-guardians/2546 "2023-10-19T15:28:43Z")

</div>

You can find below a link to SIP-0047: Changing of the Guardians: https://github.com/DistributedCollective/SIPS/blob/main/SIP-0047.md Happy to answer any questions or take feedback here.

---

## [Empowering the Sovryn Community: Share Your Vision for Bitocracy 3.0!](https://forum.sovryn.com/t/empowering-the-sovryn-community-share-your-vision-for-bitocracy-3-0/3041)

<div class="topic-metadata">

**Author:** [@LukaGrunt](https://forum.sovryn.com/u/LukaGrunt)\
**Replies:** 1\
**Last updated:** [October 17, 2023, 12:50pm UTC](https://forum.sovryn.com/t/empowering-the-sovryn-community-share-your-vision-for-bitocracy-3-0/3041 "2023-10-17T12:50:08Z")

</div>

The future of decentralized finance is here, and it’s time for YOU, the community, to shape it. We are thrilled to announce the upcoming launch of Bitocracy 3.0, and we invite all members of our vibrant community to tak…

---

## [\[Bitocracy 3.0\] SIP-0046: Transferring ownership of Sovryn contracts](https://forum.sovryn.com/t/bitocracy-3-0-sip-0046-transferring-ownership-of-sovryn-contracts/2545)

<div class="topic-metadata">

**Author:** [@light](https://forum.sovryn.com/u/light)\
**Replies:** 8\
**Last updated:** [October 12, 2023, 2:54pm UTC](https://forum.sovryn.com/t/bitocracy-3-0-sip-0046-transferring-ownership-of-sovryn-contracts/2545 "2023-10-12T14:54:42Z")

</div>

You can find below a link to the draft SIP-0046: Transferring ownership of Sovryn contracts: https://github.com/DistributedCollective/SIPS/pull/46 Happy to answer any questions or take feedback here.

---

## [Bitocracy 3.0 - Sovryn's Decentralization Leap!](https://forum.sovryn.com/t/bitocracy-3-0-sovryns-decentralization-leap/3039)

<div class="topic-metadata">

**Author:** [@LukaGrunt](https://forum.sovryn.com/u/LukaGrunt)\
**Replies:** 2\
**Last updated:** [September 11, 2023, 12:31pm UTC](https://forum.sovryn.com/t/bitocracy-3-0-sovryns-decentralization-leap/3039 "2023-09-11T12:31:09Z")

</div>

Sovryn steps into a new era with Bitocracy 3.0 - giving the true power to the community. This is one of the things that set Sovryn apart from any other Bitcoin DeFi project. Vote and make this a reality! SIP-0046: Em…

---

## [Self-Regulated Zero Origination Fee](https://forum.sovryn.com/t/self-regulated-zero-origination-fee/3019)

<div class="topic-metadata">

**Author:** [@lqbweb](https://forum.sovryn.com/u/lqbweb)\
**Replies:** 5\
**Last updated:** [August 16, 2023, 12:35am UTC](https://forum.sovryn.com/t/self-regulated-zero-origination-fee/3019 "2023-08-16T00:35:56Z")

</div>

Hi, I have been in Discord pushing for something in these line. I think this deserves its own post. Instead of just changing “randomly” origination fees (by randomly, I mean based on the opinion from one or more indivi…

[Previous page](https://forum.sovryn.com/c/bitocracy/6.md)

[Next page](https://forum.sovryn.com/c/bitocracy/6.md?page=2)
