Sögur currency (SGR) in depth

Sögur currency (SGR) in depth

Who can update Sögur's On-Chain components?
Currently, the Sögur's intermediary board of directors (“Intermediary Board”) has the authority to update the smart contract. The Intermediary Board has...
Tue, 8 Sep, 2020 at 11:15 PM
What do I need to know about Taxation reporting?
You should consult with your tax advisor with regard to any tax implications of your activity involving the Sögur currency.
Tue, 8 Sep, 2020 at 11:56 PM
Are the funds deposited in Sögur's reserve insured?
Sögur does not hold an insurance policy for the reserve. The reserve funds are held in regulated banks and financial institutions and are covered under such...
Tue, 8 Sep, 2020 at 11:58 PM
In what regions can SGR be purchased?
Our partners service SGR across various regions and can provide the necessary information. Sögur's services for registered Sögur users are unavailab...
Tue, 8 Sep, 2020 at 11:59 PM
How does Sögur manage its reserves?
Saga holds its reserve in regulated banks within reputable jurisdictions. The funds in the bank accounts are deposited in FIAT currencies replicating the ...
Mon, 21 Sep, 2020 at 11:29 AM
Why is Path Independence important to Sögur's protocol?
The transparency of Sögur's model is a double-edged sword: hostile parties may attempt to manipulate SGR. Aware of this vulnerability, the pre-model pri...
Wed, 9 Sep, 2020 at 12:01 AM
Can Sögur change its Off-Chain components?
Sögur's off chain architecture is highly flexible. When a change is required, it can be easily implemented without influencing Sögur's overall opera...
Wed, 9 Sep, 2020 at 12:03 AM
What will happen to SGR if Ethereum suffers a crisis?
Sögur keeps only a small portion of its reserve in ETH. Therefore the reserve has very little exposure to changes in the value of ETH. In addition, it i...
Wed, 9 Sep, 2020 at 12:05 AM