Sovrun raised $2 M in a Seed Round round on 2021-09-30.

🔰Good morning everyone 🔥The reason why Bitcoin Layer 2 projects will become optional when BTC explodes? -In production : Stacks, ICP, Rootstock, core dao -upcoming : Citrea,Mercury layer, Bitlayer, Botanis -Infrastructure: Nubit, Sovrn, calestia, Babylon chain. Check this : 🔥Bitcoin Layer-2 is a secondary protocol built on top of the active Bitcoin network. The protocol can operate independently of the Bitcoin mainnet, while still utilizing the security and decentralization of the main blockchain. One of the main goals of Bitcoin Layer-2 is to increase the capacity of the Bitcoin network to accommodate larger volumes of transactions. Typically, off-chain processing components are used in the Bitcoin Layer-2 protocol to overcome the performance and cost limitations of the Bitcoin Layer-1 network. Hope it is useful Didi Chanel

Is Hyperliquid's valuation reasonable? A quick overview of its product status and economic model. 1. Introduction Hyperliquid is one of the biggest highlights in the recent crypto market, aside from AI and Memes. Its strategy of not accepting venture capital investments, allocating 70% of tokens to the community, and returning all income to platform users has attracted market attention. The strategy of directly repurchasing HYPE with revenue has caused HYPE's circulating market cap to quickly surpass UNI, placing it among the top 25 cryptocurrencies, while also causing the platform's business data to soar across the board. This article aims to describe the current development status of Hyperliquid, analyze its economic model, and assess the current valuation of HYPE to answer the question "Is HYPE really expensive?" This article represents the author's stage-based thoughts as of the time of publication, which may change in the future, and the viewpoints are subjective, potentially containing errors in facts, data, and logical reasoning. Industry peers and readers are welcome.

Is Hyperliquid's valuation reasonable? Product status, economic model, and valuation analysis. 1. Introduction Hyperliquid is one of the biggest highlights in the recent cryptocurrency market, aside from AI and Memes. Its strategy of not accepting VC investments, allocating 70% of tokens to the community, and returning all revenue to platform users has attracted market attention. The strategy of directly repurchasing HYPE with its revenue has caused HYPE's circulating market cap to quickly surpass UNI, placing it among the top 25 cryptocurrencies, while also causing its platform business data to soar across the board. This article aims to describe the current development status of Hyperliquid, analyze its economic model, and evaluate the current valuation of HYPE, providing an answer to the question of whether "HYPE is really expensive or not." This article represents the author's interim thoughts as of the time of publication, which may change in the future. The views expressed are highly subjective and may contain factual inaccuracies, data discrepancies, or logical reasoning flaws.

Is Hyperliquid's valuation reasonable? A quick overview of its product status and economic model. 1. Introduction Hyperliquid is one of the biggest highlights in the recent crypto market aside from AI and Memes. Its strategy of not accepting VC investments, allocating 70% of its tokens to the community, and returning all revenue to platform users has attracted market attention. The circulating market value of HYPE quickly surpassed UNI, placing it in the top 25 cryptocurrencies, which also caused its platform business data to soar across the board. This article aims to describe the current state of Hyperliquid, analyze its economic model, and evaluate the current valuation of HYPE, providing an answer to the question of whether "HYPE is expensive or not." This article represents the author's phase of thinking as of the time of publication, which may change in the future, and the opinions expressed are highly subjective, potentially containing errors in facts, data, or logical reasoning. Peer and reader feedback is welcome.

Is Hyperliquid's valuation reasonable? A quick overview of its product status and economic model. 1. Introduction Hyperliquid is one of the biggest highlights in the recent crypto market, aside from AI and memes. Its strategy of not accepting VC investments, allocating 70% of tokens to the community, and returning all revenue to platform users has attracted market attention. The income is used to directly buy back HYPE, causing its circulating market value to rapidly surpass UNI and enter the top 25 cryptocurrencies, while also causing a surge in the platform's business data. This article aims to describe the current development status of Hyperliquid, analyze its economic model, and evaluate the current valuation of HYPE, providing an answer to the question of whether "HYPE is expensive or not." This article represents a stage of thinking as of the time of publication, and it may change in the future. The viewpoints expressed are highly subjective and may contain errors in facts, data, or reasoning logic, but do not constitute any investment advice.