Bi-Weekly Recap: #1 in BOB Community Voting, Published 2024 Recap, and 3k+ Squared Guard NFTs Minted

The second half of December has been a period of significant growth and achievements for Satoshi Protocol.

We've achieved significant progress in community engagement, partnerships, and product innovations. From participating in high-impact panels to reaching key milestones, it’s been a productive and rewarding close to the year.

As we reflect on these accomplishments and set the stage for 2025, here’s a recap of our major milestones from December 15 to 31.

Highlights

Ranked #1 in BOB Community Voting

We’re thrilled to announce that Satoshi Protocol has secured the #1 spot in the BOB Community Voting with an incredible 20B votes!

As part of this milestone, 93M Spice has been distributed to voters. Rewards were calculated at 0.25% of each voter’s weight, with a guaranteed minimum of 688 Spice per participant.

Thank you for your amazing support in helping us achieve this milestone!

Vote for Satoshi and earn BOB Spice here

Published 2024 Yearly Recap

We published a 2024 Yearly Recap, which highlights some of our key achievements of 2024:

Binance Wallet Airdrop Campaign
#1 in BOB & BEVM Community Rankings
23M+ TVL
220k+ Total Users
20+ satUSD Integrations

What’s next for 2025:

Expanding to New Chains
More satUSD Integrations
App v2: satUSD Staking & Smart Vault
TGE – A Milestone to Watch

Read the full 2024 yearly recap aritcle here

3K+ Squared Guard NFTs Minted

We’re excited to share that over 3,000 Squared Guard NFTs have been minted so far!

This NFT represents the collective efforts of BSquared, Pell Network, and Satoshi Protocol to enhance Bitcoin’s security and scalability. Issued as a symbol of trust and commitment, the Satoshi x BSquared x Pell NFT highlights our shared mission to safeguard Bitcoin’s future and drive adoption in a secure, decentralized environment.

Mint your Squared Guard NFT here

What is Satoshi Protocol

Satoshi Protocol is the first Bitcoin Finance Network powered by satUSD, a Bitcoin-backed stablecoin. Mint satUSD with BTC as collateral across the Bitcoin Mainnet and L1s/L2s.

The protocol operates with an over-collateralization model requiring 110% BTC to mint satUSD, ensuring system stability. When the price of BTC fluctuates, liquidation mechanisms automatically adjust, protecting the peg to the US dollar.

Mint satUSD here: Satoshi Protocol App | Mint satUSD

Milestones

These were our milestones for the second half of December:

Dec 19: Joined SatoshiLab Spaces Infra Panel
Dec 20: Ranked #1 in BOB Community Voting
Dec 22: 4.5k+ Pell OATs Minted!
Dec 25: Hosted Satoshi Christmas Giveaway
Dec 27: Joined BitFi Spaces with Partners
Dec 27: Published 2024 Yearly Recap
Dec 30: 3K+ Squared Guard NFTs Minted

Joined SatoshiLab Spaces Infra Panel

We’re excited to announce that we joined the SatoshiLab Spaces Infra Panel, hosted by SatoshiLab, alongside partners from Nubit, Unisat, and others. It was a great opportunity to discuss the future of Bitcoin infrastructure and share insights with industry leaders!

Listen to SatoshiLab Spaces here

5.5k+ Pell OATs Minted!

In partnership with the Pell Network, we launched a Pell OAT on Galxe. Users could mint the OAT by completing simple tasks like minting satUSD and staking it with Pell Network. Plus, they earned BOB Spice rewards!

Thanks to your support, over 5.5k OATs have been minted. We’re excited to see this amazing engagement!

Mint your Pell OAT here

Hosted Satoshi Christmas Giveaway

We’re excited to share the success of our 300 satUSD Christmas Giveaway, where 10 lucky winners each received 30 satUSD! The giveaway was a huge hit, with 1.5K users participating in just 24 hours. Thank you to everyone who joined, and we look forward to more exciting events ahead!

Check Satoshi Christmas giveaway tweet here

Joined BitFi Spaces with Partners

We participated in the BitFi Spaces AMA titled "2024 in Review, 2025 in Focus: Will the Bull Run Continue?" alongside speakers from Pell Network, Avalon Labs, Stake Stone, and LayerBank. It was an insightful discussion about the future of the market and what to expect in the year ahead!

Listen to BitFi Spaces here

As we move through 2025, we're excited to expand to new chains, integrate more satUSD solutions, and roll out new features like App v2 with staking and smart vaults.

Stay tuned for more updates and milestones as we continue to grow and evolve!

About Satoshi protocol