Satoshi Protocol proudly announces Satoshi Protocol V2, a revolutionary upgrade transforming satUSD into a universal Bitcoin-backed stablecoin. With the first Omni-CDP Protocol integrated with LayerZero, unlock your BTC’s potential across EVM, Solana and Bitcoin Layer2 Ecosystem.
How to Migrate Your Position from Satoshi Protocol V1 to V2
(1) Close V1 Position
- Step 1: Go to Satoshi Protocol V1 : https://v1-app.satoshiprotocol.org/
- Step 2: Get extra satUSD from Swap to repay debt (if required)
- Step 3: Repay debt, close position, & withdraw collateral
Swap USDT for satUSD
(2) Open a New V2 Position
- Go to Satoshi Protocol App V2 & head to the Mint Page
- Select collateral & network
- Input collateral & satUSD amount
- Select satUSD destination network
- Mint satUSD (with 0% interest & 110% MCR)
Satoshi Protocol V2 tutorial
Key Changes for Satoshi Protocol V1 Users
(1) V1 Contract Availability
Satoshi Protocol V2 is now live, but V1 contracts will remain accessible via the Satoshi Protocol V1 app. Existing users can continue managing V1 positions, though all future upgrades, features, and support will focus exclusively on V2.
(2) satUSD Token Address Update
The satUSD contract has been upgraded for V2 to align with the platform’s expanded capabilities. However, satUSD V1 tokens will remain operational in their original liquidity pools, ensuring backward compatibility. For enhanced utility (e.g., cross-chain bridging, deeper liquidity), users are encouraged to adopt the V2 satUSD contract.
(3) Migration Recommendation for V1 Users
To unlock Satoshi Protocol V2’s advanced features—including Omni-CDP Integration (mint satUSD across chains) and cross-chain satUSD bridging—and prepare for upcoming innovations like AI-Driven Yield Farms, we strongly recommend migrating your V1 positions to V2.
Ready to Transform Your BTC? Launch Satoshi Protocol 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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