We’re thrilled to introduce Satoshi Protocol App v2, a major upgrade that takes Bitcoin DeFi (BTCFi) to the next level. Whether you're just getting started with decentralized finance or already a pro, App v2 makes BTCFi easier, more rewarding, and accessible to everyone.
What's New?
Here’s a quick look at the major updates:
Lite and Pro Mode
Switch between a simple, streamlined experience or full-featured advanced tools.
New Earn Page
Explore a centralized hub for earning opportunities using satUSD.
Gold Nuggets
Our exciting new reward system, where you can complete quests and earn Gold Nuggets to unlock exclusive perks and benefits.
Let’s take a closer look at these features below.
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.
Lite and Pro Modes
Lite Mode: A streamlined interface with essential features like Swap, Mint, and Positions.
Pro Mode: Advanced tools and access to features like Earn, Gold Nuggets, Redeem, and more.
Mint on Satoshi App v2
Minting satUSD is a simple and efficient process on App v2.
Steps to Mint:
- Navigate to the Mint section.
- Access the advanced Mint dashboard.
- Select your preferred collateral (BTC, tBTC, solvBTC, or others).
- Review analytics to monitor your position and optimize your collateral ratio.
- Mint satUSD with 0% interest
To protect your position and avoid liquidation, ensure your collateral ratio stays above 150%. Additionally, a one-time minting fee applies, ranging from 0.5% to 5%.
Swap on Satoshi App v2
Swapping on Satoshi App v2 is seamless and straightforward, allowing you to manage your stablecoin needs efficiently.
Swap USDT for satUSD
A simple 1:1 exchange rate directly within the app.
Swap satUSD for USDT
To convert satUSD back to USDT, use supported decentralized exchanges (DEXs) such as Oku, Sovryn, and others.
New Earn Page
The Earn Page centralizes all the opportunities available to maximize your satUSD holdings. Whether you want to earn through liquidity provision, lending, or other DeFi strategies, this page is your go-to hub.
- Deposit to Stability Pool: Earn a stable, estimated APR with no deposit fees and instant withdrawal options.
- Provide Liquidity: Add liquidity to satUSD pools and earn swap fees, with the potential for additional rewards.
- Lend: Supply your satUSD to earn interest from borrowers.
- Stake: Stake satUSD on Pell
The available earning opportunities will vary based on the chain you choose, so try it out and explore the best options for your needs!
Gold Nuggets
The Gold Nuggets system is more than just a way to earn rewards — it's a fun and engaging way to participate in the Satoshi Protocol ecosystem.
With Gold Nuggets, you can complete quests and other activities to accumulate points, which unlock exclusive rewards, perks, and special access.
How to Earn Gold?
Maximize satUSD Earnings with App v2
- Get discounted-collateral in the Stability Pool.
- Providing liquidity on DEXs.
- Lending satUSD through lending protocols.
- Stake satUSD on Pell.
How to Mint satUSD?
- Navigate to the Mint section.
- Select your collateral (BTC, tBTC, or solvBTC).
- Input the amount of satUSD you want to mint.
With these features, App v2 brings the power of BTCFi to your fingertips.
Ready to explore? Visit Satoshi Protocol to dive into the future of BTCFi with App v2!
About 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.
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