Sifchain Report by Jesse

Not completely clear of the fear-mongering just yet. A little green has been starting to show up in the markets this week. While Bitcoin is doing a great job of holding closer to $37,000 USD. ThetaFuel, WazirX, and Enjin have all returned moderate 25%+ returns to their holders this week as the majority of the market remains sideways with one day’s losses eating into another day's gains. Our report this week is focused on a new DEX built on Cosmos called Sifchain.

Introduction

Sifchain is the world's first omni-chain decentralized exchange built with the Cosmos SDK. Allowing Sifchain to process more transactions per second than Ethereum, making it a hundred times more efficient than the current leading options. Sifchain’s goal is for new blockchains to consider cross-chain integration via Bridges and other means as essential as elements like their wallet and block explorers. Liquidity from all cryptocurrencies can then be accessed on-chain, allowing the coordinated deployment of capital from all cryptocurrencies by combining the best elements of liquidity pools and order books for optimal order executions. Sifchain uses a two-way peg protocol to do quick swaps of pegged tokens. Sifchain will rethink the formulas used for liquidity pool algorithms to put in place adaptive AMMs suitable for both limit orders and token swaps. Sifchain also allows traders to use margin on their trades by borrowing from the liquidity pool. Interest is set based on market demand and liquidity supply. This increases returns for liquidity providers as a second revenue stream and swap fee rewards with increases in the size of swaps. Sifchain will support conditional market and limit orders, including stop loss and take profit