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Shinobi Protocol
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Established Year 2021 | Operating Status Active |
Ecosystem  | |
Shinobi is a protocol for generating Secret Bitcoin (SBTC), an SNIP-20 token on the Secret Network, backed by Bitcoin (BTC). SBTC is pegged to BTC at a 1:1 ratio. Conversion between BTC and SBTC is facilitated by the Shinobi Gateway, a trustless bridge.
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