What is SGR
As the Sögur economy and network of users expand, SGR will have more intrinsic value, thus encouraging widespread adoption for commerce, payment services, r...
Tue, 8 Sep, 2020 at 11:10 PM
Sögur is NOT a stablecoin, however it is backed by a reserve with a dynamic reserve ratio and corresponding reserve balance. The smart contract running ...
Tue, 8 Sep, 2020 at 11:17 PM
Aside from being designed by some of the smartest minds in the world of finance (see our advisory board which includes Nobel laureates), SGR is an unprecede...
Tue, 8 Sep, 2020 at 11:23 PM
Yes. The reserve is fully transparent. Daily reports of Sögur's reserve are displayed in our reserve attestation archive.
Tue, 8 Sep, 2020 at 11:25 PM
Once your transaction is processed, the SGR is sent instantly. The time it takes for a transaction to be processed varies depending on the load of the Ether...
Tue, 8 Sep, 2020 at 11:26 PM
The resources to build Sögur's core ecosystem are funded from proceeds raised by early supporters and contributors, who supported Sögur prior to the lau...
Tue, 8 Sep, 2020 at 11:30 PM
It is scarce, and can only be minted by staking ETH in the Sögur reserve. The amount of ETH you can redeem SGR for in the future depends on factors such...
Tue, 8 Sep, 2020 at 11:18 PM
The price is based on a deterministic formula tied solely to the number of SGR already circulating. The price increases as more SGRs enter the circulation t...
Tue, 8 Sep, 2020 at 11:20 PM
Yes, SGR (formerly SGA) is ERC20 compatible with any ethereum address (although not all wallets support transacting ERC20 tokens).
Tue, 8 Sep, 2020 at 11:22 PM