The final 2 weeks in September were intense: events, partnerships and voting events live.
In these past two weeks we have attended some exciting events. September has marked some important accomplishments in NFT forging, and we also had the opportunity to connect with some of the biggest players in the global DeFi ecosystem through Token2049.
There is a lot to say, but before we dive into this recap, only one thing comes to mind:
BitcoinFi is alive and thriving!
Highlights
BOB Forge NFT - 7,000+ Total NFTs Claimed
Our partnership launch with BOB ended on September 30th, with outstanding results: over 7,000 NFTs were forged in the event.
Token2049 Sponsorship
Token2049 Singapore was very successful. As Silver Sponsors we were able to connect with many great people and talk about Satoshi Protocol and satUSD.
There were some great discussions with top builders within the BTC ecosystem:
- BTC ECO Summit keynote
- BTC Staking forum
- Panel hosted at Comma3
- Runes2049 with Dfinity, Omnity Network and RunesCC.
We thank everyone and our partners. Let’s keep building on Bitcoin!
Vote for satUSD on WSOT DEX Wave
The countdown started! One of the most anticipated Web3 events of the year is on: WSOT DEX Wave.
Web 3 enthusiasts can explore 100+ projects, vote for the next Web3 star, and win a share of the massive 1,000,000 MNT prize pool! From October 1rst to October 31 you can vote for satUSD!
- Install the Bybit Wallet Extension and set up your Cloud Wallet and Seed Phrase Wallet for seamless participation.
- Vote for Satoshi Protocol.
- Learn all about it: Bybit Announcement | Bybit WSOT DEX Wave: The Ultimate Web3 Adventure with 1,000,000 MNT in Prizes
What is Satoshi Protocol
Satoshi Protocol enhances the utility of Bitcoin through the SAT stablecoin, providing a way for Bitcoin holders to access liquidity by depositing BTC as collateral.
The protocol operates with an over-collateralization model requiring 110% BTC to mint SAT, 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 | Position
Milestones
These are our milestones for the first half of September:
- Sep 16: BOB Stake - 1-click Bitcoin Staking
- Sep 18: Article: MakerDAO became Sky
- Sep 18: Stand reveal - Token2049
- Sep 19: Comma3 Sponsorship
- Sep 20: Runes2049 Panel
- Sep 22: satUSD Introduction at Token2049
- Sep 23: WSOT DEX Wave - Vote for Satoshi!
- Sep 26: BOB Fusion is live - Vote for Satoshi!
- Sep 29: Final Chance to mint BOB Forge NFT
Sep 16: BOB Stake - 1-click Bitcoin Staking
BOB Stake is live. 1-click staking, providing exciting opportunities for BitcoinFi enthusiasts.
Sep 18: What is Sky – Industry report
We wrote an article showcasing the shift from MakerDAO to Sky, the evolved form of the protocol, designed to improve efficiency, user engagement, and adaptability in DeFi.
It’s not just a new name—Sky brings a complete overhaul of the protocol with fresh features and enhanced capabilities. As DeFi grows, so does the need for more resilient and flexible protocols.
You can read our take on this change here: What is Sky, A Guide to MakerDAO Upgrade and Impact (satoshiprotocol.org)
Sep 18-19: Token2049
We had a great time at Token2049. It was an excellent opportunity to connect with some of the top minds in crypto today. Our stand looked incredible, and we were really excited to hand out a little sat-shaped souvenir to the people who dropped by our stand.
Sep 19: Bitcoin Eco-Summit
We had the opportunity to introduce satUSD, the first universal stablecoin backed by Bitcoin at Bicoin-ECO in a panel alongside BEVM and UTXO Management
Sep 20: Runes2049 Panel
We had the amazing chance to speak at the Runes 2049 panel, alongside Staking Rewards and Babylon.
Sep 26: BOB Fusion Final Season - Vote for Satoshi!
BOB Spice Final Season under the Satoshi Protocol is finally here.
This is season 3 and the final one to reward our most loyal users.
- Deposit BTC LST to Satoshi and mint satUSD;
- Supply satUSD on Lending or provide satUSD liquidity on DEX to maximize your spice earning.
Vote for Satoshi to earn Spice (more Spice = more voting power). Satoshi Protocol will continue distributing the allocated Spice to users.
Read the full announcement here: BOB Fusion : The Final Season (satoshiprotocol.org)
Sep 30: Last day to mint BOB Forge NFT
Last day to mind BOB Forge NFT on Satoshi was on the 30th of September. Over 6.000 NFTs were minted, and we consider this a huge success!
After a very eventful couple of weeks, we’re gearing up for what’s next.
There are some big things on the horizon, so be sure to stay connected for more news!
Keep building the future of BitcoinFi with us!
About Satoshi Protocol
Satoshi Protocol is a universal stablecoin $SAT backed by Bitcoin, allowing users to deposit BTC as collateral to borrow the stablecoin $SAT on both Bitcoin mainnet and multiple L2s, offering many opportunities to maximize value.
Get started with Satoshi Protocol, follow us!
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