On April 5, Bitcoin L2’s first stablecoin protocol, Satoshi Protocol, was launched on Binance Web3 Wallet.
Anyone who participates in the airdrop of up to 10.5M $BEVM and 500k $OSHI tokens jointly released by Binance Web3, BEVM, and Satoshi Protocol on April 4th will use the Binance wallet to complete the task, and will transfer at least 0.0004 BTC to the cross-chain BEVM and complete it on Satoshi Protocol Users who create a position, deposit BTC and lend at least 10 USD stablecoin $SAT are eligible for this airdrop. This event ends on May 4th.
Satoshi Protocol is the first CDP stablecoin project on BEVM and one of the first key projects in the ecosystem. It has been confirmed to be invested by the BEVM Foundation and has completed a seed round of financing jointly led by Web3Port Foundation and Waterdrip Capital.
Satoshi Protocol has been online on the mainnet for about a week so far. The cumulative community users on the entire network have reached 100,000+. The effective participating addresses of the earlier testnet were around 100,000.
As the first Bitcoin ecological project to be launched on Binance Wallet, it has received recognition at home and abroad. A lot of community attention. In addition to the $OSHI token airdrop launched at the same time, there is also an ongoing recommendation invitation activity for Binance wallet users.
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