# Brainstorming New Product Ideas **URL:** \ **Category:** General Commons\ **Created:** [July 11, 2021, 4:02pm UTC](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521 "2021-07-11T16:02:21Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![magicmike](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/magicmike/32/298_2.png) [@magicmike](https://forum.sovryn.com/u/magicmike)\ **Post date:** [July 11, 2021, 4:02pm UTC](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/1 "2021-07-11T16:02:21Z")
I’ve been brainstorming some additional ways for Sovryn to grow/profit, and while I don’t know if these are possible, practical or profitable, I throw them out to the community to see if they spur any additional ideas, of better yet, if anyone can build them! I’m not a developer, I’m just an “idea guy”, so consider appropriately! As background, part of my mental model, is that in order to get larger BTC investment over time, we need to attract customers who have higher balances/net worth. These customers are more likely to be concerned about: 1. Tax treatment (conversion from BTC to rBTC triggering tax, etc.) 2. Larger balances, but fewer transactions over time (HODL+yield/leverage, etc.) _Brainstorm ideas_ **1) Hyper Hedge** - this is a “one-click” way to hedge one or more positions. - While I’m generally a Hodler, sometimes price gets a bit frothy, and I’d like to take some chips off the table without triggering sale treatment. - In a perfect world, I could pull up my wallet holdings and select a few assets to hedge. - Then a derivative asset would make the appropriate transactions to accomplish this. E.g. rBTC 50 Hedge 100% SOV 10 Hedge 50% USDT 10 Hedge 0% So, somehow a contract creates a position that’s -5rBTC and -500SOV, locks my collateral, and settles up when I close. **2) LeverageBooster** - this is a “one-click” way to take a little more leverage - Of course we have the ability to margin trade from 2-5x. I think many BTC investors would be willing to gear up moderately with the intent to hold long term. E.g. HODL rBTC with a 15-25% additional leverage, so you have a screen which just simply shows your rBTC and lets you input how much to gear it up. While the mechanics may be the same, marketing it as a product with a SIMPLE screen, may be more effective than sending someone to the margin trading screen. **3) BTC vault** - I presume this is impossible, but hey. - Makerdao type vault that locks BTC (not rBTC) up and lets you borrow/generate stablecoins, whatever, in RSK land. - There are SO many Hodlers that are not going to cross the RSK bridge as it will potentially trigger tax. **4) Prediction markets** - similar to Predictit ([www.predictit.org/markets](http://www.predictit.org/markets)) - I like the engagement on these mini-bets. They’re easy to understand (all end at 0 or 100), they’re different, they have an end date. - Especially, if you’re primarily a Hodler, they provide a bit of action. - Something like this could be a hook to keep the users stimulated and engaged. - (I HATE the pancake swap product, but one thing they do well, is provide products on the side that create constant engagement.) - Not sure if the oracles can pull in things besides crypto prices, but this could be a great separate revenue stream. As I said, no idea if any of these are good ideas, but if so, maybe someone can build upon them or it spurs someone else to come up with a better one. Cheers ---
**Author:** ![StanTheGreat](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/stanthegreat/32/373_2.png) [@StanTheGreat](https://forum.sovryn.com/u/StanTheGreat)\ **Post date:** [July 11, 2021, 6:01pm UTC](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/2 "2021-07-11T18:01:02Z")
_Participate in the poll if you don’t feel like replying._ _And click on the mini arrow for it to expand._ Try it! > **Click here!** > > Yes, Just like that! **I want to see so many features on Sovryn platofrm and i have preapred a list.** But as much as i want to see it, first i want the project to find stability in the already existing products like; > **Main 3** > > 1. To be able to do a swap without high slippage and ability to choose our own slippage. > > 2. Solving any issues that might arise due to low liquidity. > > 3. A faster on and off ramp. That’s the main 3. _Poll ([view on site](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/2))_ **Now the list of features that i want to see in sovryn after the Main 3;** 1. Navigator > **What is Navigator?** > > A small series of pop-ups that can be initialized on command when clicked on a button under Help tab on the UI or when an wallet connect to the dapp for the first time. These pop-up’s shows different part of the dapp and explains what it is and how to use it. Example; the pop-up thay showed during genesis sale, but little more interactive. Do you want it? _Poll ([view on site](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/2))_ 1. Arbitrage Contract > **What is Arbitrage Contract?** > > This is an smart contract that looks for arbitrage opportunity in-app (and maybe off-app) to make profit. The funds can be deposited into this smart contract to earn profit from these arbitraging. Do you want it? _Poll ([view on site](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/2))_ 1. Perpetual Swaps - For futures. 2. Hedge Contract > **What is Hedge Contract?** > > Used to earn funding rate by partially participating in spot and doing it’s opposite in futures to earn funding rate (It is not even necessary to have a dedicated smart contract, availability to perform this method manually is more than enough.) Do you want it? _Poll ([view on site](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/2))_ 1. DCA Contract > **What is DCA Contract?** > > Allowing users to enter into an asset using several DCA Strategies. Example; Buy 20% each time when the price drops 10%, Buy 10% every week etcetera. Do you want it? _Poll ([view on site](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/2))_ ---
**Author:** ![StanTheGreat](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/stanthegreat/32/373_2.png) [@StanTheGreat](https://forum.sovryn.com/u/StanTheGreat)\ **Post date:** [July 14, 2021, 5:47am UTC](https://forum.sovryn.com/t/brainstorming-new-product-ideas/1521/3 "2021-07-14T05:47:43Z")
> [@Token names in the Sovryn UI](https://forum.sovryn.com/t/token-names-in-the-sovryn-ui/525/11): > > I agree the name and contract address should be shown clearly. And i can understand why the confusion rises, this confusion rises in many users mainly at two events i.e; Deposits and Withdrawals. So a simple solution would be to do a small UI improvement, not like giving false names to assets but like to improve the logic and to ease the thought flow of the users. The change i propose is : To remove the bridge tab and integrate it to Wallet Balance page a.k.a, My Portfolio page a.k.a, My Wall… A small change in the UI, a giant leap for Sovryn!