Sifchain is a full-chain solution for decentralized exchanges, with higher performance, more powerful encryption economics for secure transactions, more flexible transaction capabilities, scalable full-chain roadmap and True DAO governance. Sifchain is the future of DeFi. Sifchain uses Thorchain as a reference implementation and uses pegged tokens to support a range of blockchains. Sifchain will support cross-chain transactions of 20-25 top blockchains, such as Bitcoin, BinanceChain, Polkadot and EOS. In addition, Sifchain will also support on-chain governance processes to develop more pegged tokens for new blockchains.
ROWAN will be the functional token of the Sifchain network. For convenience, token sale purchasers will be able to purchase wrapped Rowan tokens eRowan on the Ethereum network.
When the mainnet launches, all eRowan will be converted to Rowan 1:1 on the Sifchain network. After the sale closes, all unsold eRowan will be returned to the ecosystem library.