Satoshi Protocol
The Satoshi Protocol aims to provide a cornerstone for DeFi and make BTC truly spendable in daily usage by offering a CDP-style stablecoin.
The Satoshi Protocol is a cutting-edge CDP (Collateralized Debt Position) protocol built on the BEVM (Bitcoin-Ethereum Virtual Machine). It enables users to deposit BTC and mint the stablecoin SAT. SAT is backed by BTC through over-collateralization.
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Key Info
- 2024 Founded
News
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Activity Timeline
Jul 09, 2024
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Seed | Raised $2,000,000 | Jul 09, 2024 | |
Seed | — | Mar 26, 2024 |