erowan

SifChainerowan

Rank #537
Coin
On 8,572 watchlists

SifChain Price (erowan)

$0.1932
4.72%

0.000003445 BTC5.21%

0.00004299 ETH5.36%

Low:$0.1834
High:$0.1945
24h
erowan  SifChain erowan
Price:
$0.1932
 4.72%
Market Cap
$80,405,563
6.02%
Fully Diluted Market Cap
$236,524,743
4.72%
Volume
24h
$494,627
0.47%
Volume / Market Cap
0.006152
Circulating Supply
416,080,417.32 erowan
Max Supply
--
Total Supply
1,223,961,501
Sponsored

SifChain to USD Chart

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erowan Price Live Data

The live SifChain price today is $0.193245 USD with a 24-hour trading volume of $494,627 USD. We update our erowan to USD price in real-time. SifChain is up 4.72% in the last 24 hours. The current CoinMarketCap ranking is #537, with a live market cap of $80,405,563 USD. It has a circulating supply of 416,080,417 EROWAN coins and the max. supply is not available.

If you would like to know where to buy SifChain, the top cryptocurrency exchanges for trading in SifChain stock are currently Uniswap (V3), AEX, Sushiswap, and AscendEX (Bitmax). You can find others listed on our crypto exchanges page.

What is Sifchain?

Sifchain aims to be the first Omni-Chain DEX, targeting 20–25 blockchains for cross-chain integration. The targeted blockchains represent the overwhelming majority of all cryptocurrency trading volume, meaning that the whole cryptocurrencies liquidity can be accessed on-chain through the Sifchain DEX. As a decentralized exchange, Sifchain combines liquidity pools and order books for optimal order execution, while implementing adaptive AMMs for limit orders and token swaps. Traders will be able to place limit orders that are executed against the liquidity pool as the market price fluctuates. Sifchain will also allow traders to use margin on their trades by borrowing from the liquidity pool. The interest rate is set based on market demand and liquidity supply. Liquidity providers are able to add liquidity into Sifchain’s liquidity pools symmetrically or asymmetrically, while front-running in order placements is prevented through a commitment-reveal scheme. Sifchain allows coordinated deployment of capital by DAOs, and simplifies the process of blockchain integration by lowering the barriers for open-source communities.

What is ROWAN?

Rowan is both Sifchain’s decentralized governance token and settlement token. Sifchain’s validators can participate in the SifDAO with voting power that is proportional to the amount of Rowan they hold. Rowan is also the settlement token for each liquidity pool in the Sifchain DEX, meaning that each pool contains Rowan as one asset and an external asset as the other. This means that traders swapping two external assets will use ROWAN as a settlement token.

How does Sifchain work?

Sifchain is an application-specific blockchain built on top of the Cosmos SDK and uses Tendermint’s consensus mechanism, which provides finality guarantees. This is an important feature for cross-chain token swaps.

To accomplish cross-chain support, Sifchain uses a concept called Peggy to create a pegged token model. These peg zones are what allow assets to be easily transferred between Sifchain and external chains. This model is described as a 2-way peg (2WP).

Validators and Delegators

Sifchain validators stake their own Rowan and the Rowan that is delegated to them by other Rowan holders. Sifchain’s consensus set consists of the top 100 validators with the highest quantity of Rowan staked. This validator set is refreshed every block. so that the changes to a validator’s total stake and its participation in the set are reflected almost immediately. There is no explicit minimum stake amount required to be a validator on Sifchain, as the amount staked by the lowest validator in the set serves as an implicit minimum.

Any Sifchain user can delegate their tokens to any number of validators on the network. Delegating to a validator entitles the user to gain block rewards by paying a commission fee to the validator. Delegating to a validator does not give that validator direct control over the delegator’s funds. However, the delegator does assume the risk of being slashed if the validator misbehaves.

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erowan Price Statistics

SifChain Price Today
SifChain Price$0.1932
Price Change24h$0.008708
4.72%
24h Low / 24h High
$0.1834 /
$0.1945
Trading Volume24h$494,626.71
0.47%
Volume / Market Cap0.006152
Market DominanceNo Data
Market Rank#537
SifChain Market Cap
Market Cap$80,405,563.15
6.02%
Fully Diluted Market Cap$236,524,742.98
4.72%
SifChain Price Yesterday
Yesterday's Low / High
$0.1834 /
$0.1938
Yesterday's Open / Close
$0.1876 /
$0.1902
Yesterday's Change

1.43%

Yesterday's Volume$416,770.57
SifChain Price History
7d Low / 7d High
$0.1686 /
$0.2284
30d Low / 30d High
$0.1331 /
$0.4467
90d Low / 90d High
$0.1474 /
$0.4889
52 Week Low / 52 Week High
$0.04688 /
$1.43
All Time High
Mar 17, 2021 (9 months ago)
$1.43
86.50%
All Time Low
Jun 14, 2021 (6 months ago)
$0.04688
312.24%
SifChain ROI
No Data
SifChain Supply
Circulating Supply416,080,417 EROWAN
Total Supply1,223,961,501 EROWAN
Max SupplyNo Data