## The Grand Vision: Building a Full Financial Stack on Bitcoin
In this pivotal early session, Community Call #10, the founding contributors of Sovryn articulated the ambitious, long-term vision that serves as the project’s North Star. The call was less about specific features and more about the fundamental ‘why’ behind Sovryn: the mission to create a comprehensive, sovereign financial system on the most secure foundation in the world, Bitcoin.
### Why DeFi on Bitcoin?
The presentation began by addressing a core question: why build on Bitcoin when most of the DeFi innovation was happening elsewhere? The answer lies in first principles:
* **Ultimate Security:** Bitcoin is the most secure, decentralized, and credibly neutral monetary network ever created. Any financial system built upon it inherits these properties.
* **The Best Collateral:** Bitcoin is the best pristine collateral in the world. A truly robust DeFi ecosystem must be centered around the best money.
* **Serving the Bitcoin Economy:** There is a massive, underserved economy of Bitcoin holders who want to put their assets to productive use without selling them or trusting them to centralized, custodial services.
### More Than Just a DEX
The team was clear that Sovryn’s vision extends far beyond being just a decentralized exchange. The goal is to build a **full-stack financial operating system**. This includes:
* **Trading:** Spot and margin trading.
* **Lending & Borrowing:** A money market for earning interest and taking out loans.
* **A Native Stablecoin:** A decentralized stablecoin backed by Bitcoin.
* **Leveraged Trading:** Advanced tools like perpetual swaps.
* **A Launchpad:** A platform for new projects to launch within the Bitcoin ecosystem.
### The Principle of Sovereignty
Ultimately, the vision is tied to the name: **Sovryn**. The project is dedicated to building tools that empower individual sovereignty. This means creating a system that is non-custodial, permissionless, and censorship-resistant, allowing anyone, anywhere in the world, to access financial services without relying on trusted intermediaries.
This foundational call set the stage for everything that was to be built, framing Sovryn not as just another DeFi app, but as a movement to bring the full power of open finance to the world’s most important monetary asset.