### What is Sifchain?
Sifchain is a decentralised exchange (DEX) designed to facilitate cross-chain transactions across multiple blockchain platforms. It is built using the Cosmos SDK and aims to provide a seamless and efficient way to transfer value across different blockchains. Sifchain targets 20-25 top blockchains such as Bitcoin, Ethereum, Binance Chain, Polkadot, and EOS, positioning itself as an omni-chain DEX.

### How does Sifchain work?
Sifchain leverages the Cosmos SDK, which facilitates efficient communication between blockchains while maintaining decentralisation. It uses the Tendermint consensus algorithm for finality guarantees essential for cross-chain swaps. Sifchain integrates with other chains via the Inter-Blockchain Communication Protocol (IBC) and employs a Peggy bridge for Cosmos and Ethereum interactions. Continuous Liquidity Pools (CLPs) enhance trading efficiency, and smart contracts support the creation of pegged tokens for cross-chain activity.

### What are the potential use cases for Sifchain?
Sifchain’s potential applications include:
- Cross-chain liquidity mining to facilitate trading and liquidity provisioning.
- Becoming a leader in omni-chain exchanges, providing access to assets across multiple blockchain networks.
- Enabling EVM interoperability, allowing asset transfers between Ethereum, EVM-compatible chains, and the broader Cosmos ecosystem.
- DeFi applications leveraging fast, low-cost transactions.
- Partnerships with blockchain projects like IoTeX for liquidity pools and Cardano for cross-chain bridging expand its use cases.

### What is the history of Sifchain?
Sifchain was established in 2020, with its team inspired by projects like Thorchain. It launched with a mission to enhance cross-chain exchanges. Noteworthy achievements include developing the Peggy bridge for Cosmos-Ethereum transactions and integrating with IBC for improved inter-chain asset movement. Sifchain has pursued further interoperability with EVM blockchains and applied for grants to connect the Cardano ecosystem, supporting its continued evolution toward seamless cross-chain operations.

Sifchain

Deposits and withdrawals are not currently available for this coin.

Important Notice

Lido Staked Ether

Uniswap

Aave

Rocket Pool ETH

NEXO

Injective

Four

Curve DAO

PancakeSwap

Lido DAO

Raydium

Pendle

Syrup

THORChain

DeXe

Compound

Sifchain (EROWAN)

Similar Coins

STETH

UNI

AAVE

DAI

RETH

NEXO

INJ

FORM

CRV

CAKE

LDO

RAY

PENDLE

SYRUP

RUNE

DEXE

COMP

Resources

Sifchain (EROWAN) Price Index

Sifchain Price

Trading volume

Market cap

Resources