Sifchain is a full-chain solution for decentralized exchanges, offering higher performance, stronger security through transactional cryptoeconomics, more flexible trading capabilities, an expandable full-chain roadmap, and genuine DAO governance. Sifchain represents the future of DeFi. Using Thorchain as a reference implementation, Sifchain supports a range of blockchains via pegged tokens. Sifchain will facilitate cross-chain transactions across 20-25 top-tier blockchains, including Bitcoin, Binance Chain, Polkadot, and EOS. Additionally, Sifchain will support on-chain governance processes enabling the development of more pegged tokens for new blockchains.
ROWAN will serve as the functional token for the Sifchain network. For convenience, token sale purchasers will be able to buy wrapped eRowan tokens on the Ethereum network.
Upon mainnet launch, all eRowan will be converted 1:1 into Rowan on the Sifchain network. After the sale, any unsold eRowan will return to the ecosystem treasury.