Announcement 3 min read

Earn More, Climb Higher: Deposit Assets to Earn Collateral Points in the Referral Program

Get rewarded for depositing your assets like BTC, stBTC and wstBTC base on the total value.

Earn More, Climb Higher: Deposit Assets to Earn Collateral Points in the Referral Program

Exciting news for Satoshi Protocol users! We're thrilled to announce an update to the Leaderboard's Points system, giving you more ways to earn points and climb the leaderboard!Previously, you could only rack up Position Points only by borrowing SAT (x5). Now, you can also earn points based on the value of your deposited assets!

Here's a breakdown of the changes:

Weekly Snapshots: To ensure your points are accurate, both Position Points and Collateral Points are captured in a weekly snapshot taken every Saturday at 23:00 UTC+8.Example:

Weekly Snapshots: To ensure your points are accurate, Position Points are captured in a weekly snapshot taken every Saturday at 23:00 UTC+8.

Example:

Satoshi Protocol Referral Program

The Satoshi Protocol Referral Program is an initiative designed to incentivize users to promote and expand the Satoshi Protocol ecosystem.

By inviting new users to the platform and encouraging them to engage with its BTCFi offerings, participants can earn future rewards in the form of OSHI tokens, the native token of the Satoshi Protocol.

The Referral Program offers a comprehensive points system that incentivizes various user activities and contributions to the ecosystem. Here's a breakdown of the four types of points you can earn:

Position Points (Earned by Borrowing SAT x5 + Deposited Assets x1)

Referral Points (Earned by Inviting New Users)

Stability Pool Points (Earned by Contributing to Stability Pool)

Important Notes:

You can navigate to "Airdrop" in Satoshi Protocol app to check your points: Satoshi Protocol | Airdrop

Satoshi - Airdrop page

Learn more about the Referral Program: Leaderboard鈥娾斺奟eferral ProgramDive deeper into Stability Points: Rewards Beyond Discount Bitcoin: Deposit SAT into Stability Pool to Earn Additional Points

Maximize Your Points, Climb the Leaderboard

With these new options, you have more ways to strategize and maximize your points. Remember, all points contribute to your overall score on the Referral Program leaderboard. So, start depositing, borrowing, and inviting friends to climb the ranks and unlock future rewards!


About Satoshi Protocol

Satoshi Protocol is a revolutionary "universal" stablecoin protocol backed by Bitcoin. It allows users to deposit BTC/stBTC as collateral to mint the stablecoin $SAT on both Bitcoin mainnet and multiple L2s.

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