We’re excited to announce that Satoshi Protocol has officially launched on BNB Chain, backed by one of the world’s largest blockchain ecosystems.
This milestone unlocks seamless access to satUSD—a Bitcoin-backed stablecoin—on BNB Smart Chain (BSC), empowering users to leverage Bitcoin’s value with unprecedented speed, low costs, and deep liquidity.
What is BNB Chain?
BNB Chain is a decentralized, community-driven blockchain ecosystem comprising Layer-1 and Layer-2 scaling solutions.
It offers ultra-low fees, lightning-fast transaction speeds, and a massive DeFi ecosystem, making it ideal for developers and users in the Web3 space.
Why Launch on BNB Chain? Benefits for Satoshi Protocol Users
Integrating with BNB Chain supercharges Satoshi Protocol’s capabilities:
- Cost Efficiency: Mint, manage, and trade satUSD at minimal fees, ideal for small and large users alike.
- Speed: Open positions or repay debt in seconds, capitalizing on market opportunities without delays.
- Expanded Liquidity: Tap into BNB Chain’s $5B+ DeFi ecosystem to stake, swap, or earn yields with satUSD.
- Bitcoin Meets BSC: Utilizing BTCB or wBTC as collateral on BNB Chain enables Bitcoin holders to access liquidity with 0% interest, facilitating yield and carry trade strategies, thereby promoting sustainable DeFi activity.
Getting Started with Satoshi Protocol on BNB Chain
- Visit Satoshi Protocol: Head to the Satoshi Protocol dApp.
- Connect Your Wallet
- Mint satUSD:
- Navigate to Mint Page
- Select your collateral ( wBTC, BTCB)
- Choose your minting amount (min. 10 satUSD).
- Confirm to mint.
How to Mint satUSD on BNB Chain
Collateral Requirements on BNB Chain
When using BTCB or wBTC as collateral on Satoshi Protocol, maintaining the required collateral ratio is essential to avoid liquidation:
- wBTC (BNB Chain): Minimum Collateral Ratio (MCR) is 110%
- BTCB: Minimum Collateral Ratio (MCR) is 150%
⚠️ Falling below these thresholds will trigger liquidation, resulting in the loss of collateral. Monitor your position carefully, especially in volatile markets.
What You Can Do with satUSD on BNB Chain
- Stake satUSD: Earn rewards by staking in Satoshi Protocol’s Stability Pool.
- Trade on Top DEXs: Swap satUSD on PancakeSwap, ApeSwap, or BiSwap.
- Farm Yields: Provide liquidity in satUSD pairs to earn trading fees and incentives.
- Borrow & Lend: Use satUSD in DeFi platforms.
About BNB CHain
BNB Chain is a community-driven blockchain ecosystem focused on delivering scalable, user-friendly infrastructure for decentralized applications. With over 5,600 active dApps and 1M+ daily users, it’s a cornerstone of the global DeFi landscape.
Website | Web App | Twitter | Telegram | Discord | Docs | Blog
About Satoshi Protocol
Satoshi Protocol is the 1st AI-powered Bitcoin Finance Network, enhancing Bitcoin’s financial ecosystem with a smarter tokenomics model.
Get started with Satoshi Protocol, follow us!
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