Sifchain is the Cosmos IBC’s leading Omni-Chain Dex, where users can swap, stake, and bridge between Ethereum and Cosmos with faster transactions and lower fees. Sifchain is an application-specific blockchain built on top of the Cosmos SDK and uses Tendermint’s consensus mechanism, which provides finality guarantees. SifChain offers Ethereum Mainnet to Cosmos Bridge, Omni-Chain DEX, Performant Swaps & Staking, and Continuous Liquidity Pools services.
Rowan is Sifchain’s utility and governance token. Sifchain’s validators can participate in the SifDAO with voting power that is proportional to the amount of Rowan they hold. Rowan is also the settlement token for each liquidity pool in the Sifchain DEX, meaning that each pool contains Rowan as one asset and an external asset as the other. This means that traders swapping two external assets will use ROWAN as a settlement token.
