River
Satoshi Protocol V2
Satoshi Protocol V2
  • Welcome
  • Intro
    • Introduction
    • Mission
    • FAQ
  • Products
    • Omni-CDP
      • Minting
      • Stability Pool
      • Redemption
      • Recovery Mode
      • Bridge
      • Risk Management
    • AI Agent
    • Nexus Yield Module (NYM)
    • Swap
  • OUTRO
    • Official Links
    • Oracle
    • Deployed Contracts
      • BEVM
      • BOB
      • Bitlayer
      • BSquared
      • BNB Chain
      • Hemi
      • Base
    • Audit Reports
  • How to use
    • Omni CDP
      • Mint satUSD
      • Swap satUSD
      • Bridge satUSD
      • Stability Pool
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  1. Intro

Mission

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Last updated 1 month ago

The Satoshi Protocol aims to provide a universal, stable medium of exchange within the blockchain ecosystem. While fiat-backed stablecoins dominate the market, their centralized nature may present considerations for users. In contrast, satUSD, an over-collateralized Bitcoin-backed stablecoin, offers a resilient and decentralized alternative.

By leveraging Bitcoin’s design, the Satoshi Protocol minimizes volatility and enhances Bitcoin's utility as both digital gold and a payment mechanism. This approach unlocks Bitcoin’s liquidity, reinforcing its role in the digital economy and increasing accessibility for users.

Unique Advantages

  • Bitcoin Integration: satUSD uses Bitcoin as collateral, strengthening its presence in the DeFi ecosystem.

  • Decentralization: satUSD offers a decentralized alternative to fiat-backed stablecoins, reducing reliance on centralized entities.

  • Greater Adoption Potential: With Bitcoin's larger market cap, satUSD has broader adoption prospects compared to alternatives like DAI and LUSD.

  • Zero Interest Rate: Users can mint satUSD without accruing interest, eliminating concerns about growing debt. ( )

  • Direct Redemption: satUSD can be redeemed at face value for the underlying collateral, ensuring security for users.

  • Governance-Free: The protocol operates automatically, ensuring decentralization and resistance to manipulation.

The Satoshi Protocol marks a significant step forward in decentralized finance by leveraging Bitcoin’s strengths to create a stable and decentralized medium of exchange and store of value. This approach enhances Bitcoin's utility while upholding the principles of decentralization, promoting a resilient and inclusive financial ecosystem.

The Satoshi Protocol aims to provide a universal, stable medium of exchange within the blockchain ecosystem. While fiat-backed stablecoins dominate the market, their centralized nature may present considerations for users. In contrast, satUSD, an over-collateralized Bitcoin-backed stablecoin, offers a resilient and decentralized alternative.

By leveraging Bitcoin’s design, the Satoshi Protocol minimizes volatility and enhances Bitcoin's utility as both digital gold and a payment mechanism. This approach unlocks Bitcoin’s liquidity, reinforcing its role in the digital economy and increasing accessibility for users.

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