The Tech Blog Writer Podcast - Inspired Tech Startup Stories & Interviews With Tech Leaders, Entrepreneurs And Innovators

Sovryn is a decentralized application allowing users to trade Bitcoin on Layer 2 in a permissionless, noncustodial, and censorship-resistant way. It enables users to leverage Bitcoin up to 5x and earn interest without sacrificing their security or privacy. Sovryn is like a company, except that it runs entirely on bitcoin and is not incorporated into any centralized organization. In other words, it is a fully remote, novel type of company that is fluid, distributed, and powered by Bitcoin. The company has developed an exchange and programmatic USD coin system leveraging the RSK Bitcoin sidechain, and it is actively looking at other BTC Layer 2 technology to scale its services. Sovryn likes RSK's technology because it is based on the existing Ethereum technology stack, making it interoperable with the entire Ethereum defi ecosystem. Edan Yago joins me on the podcast and shares how the members of the Sovryn team refer to themselves as "Bitcoin Mutants" rather than "Bitcoin Maximalists." The Mutants understand th