We are pleased to announce our strategic partnership with Master Protocol.
This collaboration will integrate Master Protocol's Yield Market with Satoshi Protocol, enabling users to maximize BTC yield without paying interest costs. As part of this exciting collaboration, we will soon join the Master BTC Summer Initiative alongside many top Bitcoin ecosystem projects.
What is Master Protocol
Master Protocol aims to be a comprehensive BTC-Fi platform, offering products across the Bitcoin ecosystem value chain. With a $25 million seed round funding, a live LSDFi platform with completed security audits, and innovative user acquisition strategies, Master Protocol is positioned as a significant player in the BTC ecosystem.
Key Developments
- Seed Round Funding: $25 million valuation in early April.
- LSDFi Platform: Live with completed security audits.
- Botanix Spiderchain LST Protocol: Launching in August.
- Master BTC Summer Initiative: Master Yield Plan and Master Bot, allowing users to earn multiple rewards in BTC Ecosystem
Benefits for SAT Users
Master Yield Market Integration
Users can access the Master Yield Market through Satoshi Protocol, enabling efficient BTC yield generation.
Deposit BTC and Mint SAT
Users can deposit BTC and mint SAT on our protocol, leveraging their BTC holdings.
Mint SAT at 0% Interest
Users can mint SAT at 0% interest, providing an effective way to leverage BTC yield without selling Bitcoin.
We are excited to collaborate with Satoshi Protocol. Integrating our Yield Market with SAT stablecoin will offer enhanced financial tools and opportunities for BTC holders.
COO Jeremy - Master Protocol
Conclusion
The partnership with Master Protocol marks a significant step in enhancing the functionality and utility of SAT. By integrating the Master Yield Market, we aim to provide users with efficient and cost-effective ways to leverage their BTC holdings.
About Master Protocol
Master Protocol aims to be a one-stop BTC-Fi platform, offering products across the Bitcoin ecosystem value chain.
Website | Yield Market | Twitter | Telegram | Discord
About Satoshi Protocol
Satoshi Protocol is a universal stablecoin protocol built specifically for Bitcoin. It empowers users to deposit their Bitcoin as collateral to borrow a stablecoin called SAT, on either Bitcoin Layer 1 or Layer 2.
Website | Web APP | Twitter | Telegram | Discord | Docs | Blog