Sovryn allows users to buy and sell BTC; trade BTC on margin; borrow, lend, and yield-farm BTC and other assets; and obtain bitcoin-backed stablecoins in a noncustodial and permissionless way. Sovryn uses a pegged form of BTC on the Rootstock network called RBTC. In addition, Sovryn uses the native SOV governance token for participating in the bitocracy and for various rewards in the system. More details can be found below.