We're thrilled to announce that Satoshi Protocol has officially launched on the B² Network. This integration marks a significant milestone in our mission to become the universal stablecoin for the Bitcoin ecosystem.
What is B² Network
B² Network is a modular Bitcoin Layer2 solution. It introduces B² Rollup, the first Bitcoin rollup based on verification commitment, and B² Hub, the first Bitcoin Data Availability (DA) layer that achieves finality on the Bitcoin network.
B² Network has rapidly become the leading Bitcoin Layer 2 platform, with over 8.62 million addresses and 75.17 million transactions, ranking #1 among Bitcoin Layer 2s. It offers low transaction fees under $0.04, supports over 50 active dApps, and has a bridged TVL of more than $300 million. Additionally, it is the largest Finality Provider in the Babylon Staking ecosystem, with over 1,000 BTC secured, driving innovation in Bitcoin-based DeFi.
To further accelerate its growth and vision of scaling Bitcoin safely and practically, B² Network has successfully closed a round of funding, led by Spartan Group, Animoca Brands, Alliance, and P2 Ventures. This funding follows an earlier seed round with support from major players such as HashKey Capital, OKX Ventures, and Kucoin Ventures. The funds raised will be used to optimize B² Network’s performance, enhance its ecosystem, support the Squared Ventures fund, explore more BTCFi opportunities, and expand its presence in global markets.
B² Hive
B² Hive is the native staking platform of the B² Network, allowing users to earn rewards by staking their assets. It offers a simple and secure way to participate in the network’s security and decentralization while earning Hive tokens as rewards. Access B² Hive
B² Buzz
B² Buzz is the liquidity and marketplace hub of the B² Network. It connects users to decentralized financial products like lending, borrowing, and liquidity provision, enhancing liquidity and financial opportunities across the ecosystem. Access B² Buzz
B² Honey
B² Honey is the reward token of the B² Network. Earned through staking and participation, it serves as both an asset and a gateway to governance rights and exclusive opportunities within the ecosystem. Access B² Honey
How to mint satUSD on B² Network
- Launch Satoshi app
- Switch network to B² Network
- Select collateral ( wBTC, uBTC, .. )
- Mint satUSD
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%.
What You Can Do with satUSD on B² Network
- Stake satUSD on Pell: Earn staking rewards by securely staking satUSD.
- Provide Liquidity on Glow Swap: Supply liquidity and earn trading fees.
- Swap on Glow Swap: Seamlessly trade assets within the ecosystem.
- Mint satUSD with LSD Tokens: Stake BTC on UniRouter, then use uBTC (LST) to mint satUSD and unlock liquidity.
The launch of Satoshi Protocol on B² Network is a significant step forward for BTCFi, uniting innovation with scalability. This partnership strengthens Satoshi Protocol’s vision of building a Bitcoin Finance Network powered by satUSD while showcasing the strength and scalability of B² Network.
About B² Network
B² Network is a modular Bitcoin Layer2 solution. It introduces B² Rollup, the first Bitcoin rollup based on verification commitment, and B² Hub, the first Bitcoin Data Availability (DA) layer that achieves finality on the Bitcoin network.
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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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