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Satoshi Protocol 

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At the moment, the Project may be in preliminary stages (Seed, Private Sale, Presale, ICO). The information provided below may be inaccurate (Beta) and being updated.

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Satoshi Protocol - Point Farming

🤑 ActiveScore: Not Rated
Score: Not Rated
Website

Satoshi Protocol is the first CDP built on BEVM that aims to unleash trillions worth of BTC liquidity with the SAT dollar stablecoin. Join Airdrop program and earn Points by creating positions.

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Activity Overview

Dates
28 Mar, 2024 - TBA
Ecosystem
Total Funds Raised$2.00 M
Launchpad
Satoshi Protocol

How to participate

1. Join the Satoshi Protocol Airdrop Program

  1. Go to the Satoshi Protocol website.
  2. Connect your EVM wallet.

 

2. Create a Position

Note: You will need some BTC on the BEVM, Bitlayer, or BOB network.

  1. Go to the Position page and click Create Position.
  2. Deposit BTC and borrow SAT. Ensure the collateral ratio is above 110%, with a minimum of 10 SAT borrowed.
  3. Input your referrer address (+150 referral points).
  4. Click Approve.
  5. Click Create Position.

Note: You earn points based on your total position activity. This includes the borrowing amount (x5) plus the total value of your deposited collateral (BTC, stBTC, wstBTC) with a weight of x1.

 

3. Deposit SAT

  1. Navigate to the Stability Pool.
  2. Input the amount of SAT you want to deposit.
  3. Click Deposit.

Note: You receive 5 points for every 1 SAT deposited at the time of the weekly snapshot (taken every Saturday at 11 PM UTC+8).

 

You can navigate to the Airdrop section in the Satoshi Protocol app to check your points.

 

4. Join Satoshi Protocol Campaigns

  1. Go to the Campaign tab.
  2. Engage in various campaigns to earn extra points and other rewards.

 

5. Invite Friends

On the Airdrop page, copy your referral link and share it with other users. The number of points earned is directly proportional to the amount of SAT borrowed by your invitees.

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