Satoshi Protocol is a decentralized finance (DeFi) platform enabling Bitcoin-backed liquidity. It offers SAT, an over-collateralized stablecoin pegged to the US dollar, and OSHI, a utility token. Users mint SAT by depositing Bitcoin as collateral, ensuring capital efficiency while maintaining a minimum collateral ratio. SAT can be used in various DeFi ecosystems, including liquidity provision and staking. The protocol's liquidation and peg mechanisms ensure the stability of SAT, which integrates with multiple blockchains, including Bitcoin and Ethereum.
Visit Satoshi Protocol
