Details about Sifchain cryptocurrency
€130,672 ( -9.48133%)
€58,641
8,337,980,542
8,291,508,354
22.722
Unknown
https://sifchain.finance/
@sifchain
9017960x
€142.394
Sifchain price charts
EROWAN exchanges
Sifchain, the crypto
Sifchain (EROWAN) is a decentralized platform that facilitates cross-chain swaps of digital assets. It aims to create a universal liquidity pool that can aggregate all tokens, regardless of the blockchain they are issued on. The protocol is built on Cosmos SDK and connects various blockchain networks using IBC (Inter-Blockchain Communication) protocol.
The point
The main point of Sifchain (EROWAN) is to solve the problem of fragmentation in the blockchain ecosystem and provide a seamless experience for users who want to trade digital assets on different blockchains. The platform enables decentralized exchanges (DEXs) to access greater liquidity across multiple networks, reducing slippage and increasing trading volumes, while also providing developers with a simple and easy way to build cross-chain applications.
The problem
Sifchain (EROWAN) tries to solve the problem of fragmentation in the blockchain ecosystem, which limits the ability of users to trade digital assets across different blockchains. This results in a lack of liquidity, high transaction fees, and poor user experience. Sifchain (EROWAN) provides a solution by creating a universal liquidity pool that connects all tokens issued on different blockchains. This allows users to trade assets without worrying about the underlying technology, while also improving liquidity and reducing trading costs.
Compare EROWAN and BTC performance
| Timeframe | EROWAN | BTC |
|---|---|---|
| 1h change | -10.5712 % | -0.234911 % |
| 24h change | -10.54 % | 1.25967 % |
| 7 day change | -11.49 % | -1.44157 % |
| 14 day change | -39.58 % | -9.47799 % |
| 30 day change | -81.83 % | -7.33786 % |
| 200 day change | -94.12 % | 129.168 % |
| Year change | -94.38 % | 129.33 % |