Satoshi Protocol is thrilled to announce a strategic partnership with oooo.money, a modular cross-chain bridge protocol specifically designed for the Bitcoin ecosystem.
This collaboration aims to unlock new possibilities for Bitcoin-backed stablecoin SAT, the native stablecoin of the Satoshi Protocol, by facilitating seamless movement and enhanced liquidity across the Bitcoin ecosystem.
What is oooo
oooo is a modular cross-chain bridge protocol for the Bitcoin ecosystem. It enables seamless liquidity flow between the Bitcoin mainnet and layer-2 solutions.
oooo supports various BTC-native assets like BTC and Inscription assets. These assets can be transferred securely, quickly, and cheaply across the Bitcoin mainnet and layer-2 solutions. oooo’s supported networks encompass Bitcoin, RGB, Taproot, Runes, Lightning, BEVM, B2, MAP Protocol, RSK, Stacks, BitVM, and more.
How This Partnership Benefits Users
- Streamlined User Experience: The integration of oooo.money’s bridging technology will significantly improve the user experience. Users can effortlessly interact with DeFi protocols on different Bitcoin Layer 2 networks without encountering friction or complexities. This streamlined experience will encourage broader adoption of SAT and promote a more user-friendly DeFi environment.
- Support for a Thriving Bitcoin Ecosystem: This collaboration contributes to the growth and development of the Bitcoin DeFi ecosystem, creating a more vibrant and dynamic environment for users. The expansion of DeFi opportunities and the enhanced liquidity of SAT will attract new participants and drive innovation within the Bitcoin space.
We’re glad to cooperate with Satoshi Protocool, the first stablecoin backed by BTC and built for Bitcoin Ecosystem.
With this partnership, we can make BTCFi more accessible for users and expand the SAT use cases to other Bitcoin Layer2 and bring liquidity to make BTCFi more efficient.
— oooo Team
Conclusion
This collaboration marks a significant step forward for both Satoshi Protocol and oooo.
By combining our strengths, these two innovative projects are paving the way for a more accessible, secure, and user-friendly DeFi landscape on the Bitcoin blockchain.
About oooo
The oooo protocol aims to unlock the potential of the Bitcoin ecosystem and lead a new era of cryptocurrency interoperability. It integrates Bitcoin Layer-2 solutions, Inscription assets, and BTC Cross-Rollup technology to create a unified liquidity framework with modular architecture.
Website | Medium | Twitter | Discord
About Satoshi Protocol
Satoshi Protocol is the first CDP protocol built on BEVM. Allowing users to deposit BTC as collateral and borrow stablecoin SAT. This serves as the cornerstone for BTCFi to unleash trillions worth of Bitcoin.
Website | Web APP | Twitter | Telegram | Discord | Docs | Blog
