Satoshi Protocol

Lending
Stablecoin Protocol
DeFi

project_established_year 2024	project_operating_status project_active
ecosystem

Satoshi Protocol is the CDP protocol built on BEVM, facilitating users to deposit BTC and mint stablecoin SAT. SAT is backed by BTC with over-collateralization. If the position's collateral ratio drops below 110%, it will trigger liquidation, using stability pool to repay debt. In short, SAT is over-collateralized with a liquidation mechanism and stability pool for debt repayment.