TechFlow news, on April 5, Satoshi Protocol, the first stablecoin protocol on Bitcoin L2, has launched on Binance Web3 Wallet.
Users who participated before April 4 in the joint airdrop campaign by Binance Web3, BEVM, and Satoshi Protocol—distributing up to 10.5M $BEVM and 500K $OSHI tokens—and completed tasks using Binance Wallet, bridged at least 0.0004 BTC onto BEVM, opened a position on Satoshi Protocol, deposited BTC, and borrowed at least 10 USD worth of the stablecoin $SAT, are eligible for this airdrop. The event will conclude on May 4.
Satoshi Protocol is the first CDP-based stablecoin project on BEVM and one of the ecosystem’s earliest flagship projects. It has been confirmed as funded by the BEVM Foundation and has completed a seed round co-led by Web3Port Foundation and Waterdrip Capital.
Satoshi Protocol has been live on mainnet for approximately one week, accumulating over 100,000 community users across the network. Earlier testnet participation saw around 100,000 valid addresses. As the first Bitcoin ecosystem project listed on Binance Wallet, it has garnered significant attention from both domestic and international communities. Alongside the ongoing $OSHI token airdrop for Binance Wallet users, a referral campaign is also currently active.
