
Key Features in summary
Interest-Free: There is no interest for the minted btUSD no matter you are going to keep the collateralized position for a month or a year
Efficient-Liquidation: btUSD holders could deposit into stability pool to provide offset reserve for liquidation and earn liquidated collateral plus SATO token in return
Guaranteed-Low-Bound: When btUSD is traded below $1 peg, any btUSD holder could redeem 1 btUSD for $1 worth of collateral from the system, thus making an effective support for restoring the peg
Immutable: All protocol parameters are determined at time of contracts deployment and no admin or DAO could change the values or upgrade the contracts
Decentralization-First: Everyone could host a frontend User Interface to diversify the adoption and provide censorship resistance
| Categories: | CDP , DeFi |
| On chains: | Binance, BNB Chain |
| Forked from | Liquity |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes | |
|---|---|---|---|---|---|
| Satoshi Finance TVL | $241 |
$246
-2.03% |
$242
-0.41% |
$233
3.43% | |
| Satoshi Finance Twitter Followers | 277 | 277 0% | 278 -0.36% | 286 -3.15% |
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Satoshi Finance is Key Features in summary Interest-Free: There is no interest for the minted btUSD no matter you are going to keep the collateralized position for a month or a year Efficient-Liquidation: btUSD holders could deposit into stability pool to provide offset reserve for liquidation and earn liquidated collateral plus SATO token in return Guaranteed-Low-Bound: When btUSD is traded below $1 peg, any btUSD holder could redeem 1 btUSD for $1 worth of collateral from the system, thus making an effective support for restoring the peg Immutable: All protocol parameters are determined at time of contracts deployment and no admin or DAO could change the values or upgrade the contracts Decentralization-First: Everyone could host a frontend User Interface to diversify the adoption and provide censorship resistance
Yes Satoshi Finance has the sato. The token is used in Key Features in summary Interest-Free: There is no interest for the minted btUSD no matter you are going to keep the collateralized position for a month or a year Efficient-Liquidation: btUSD holders could deposit into stability pool to provide offset reserve for liquidation and earn liquidated collateral plus SATO token in return Guaranteed-Low-Bound: When btUSD is traded below $1 peg, any btUSD holder could redeem 1 btUSD for $1 worth of collateral from the system, thus making an effective support for restoring the peg Immutable: All protocol parameters are determined at time of contracts deployment and no admin or DAO could change the values or upgrade the contracts Decentralization-First: Everyone could host a frontend User Interface to diversify the adoption and provide censorship resistance
Yes sato is supported on Binance.
Yes sato is supported on BNB Chain.
sato token is supported by following blockchains: Binance, BNB Chain
Satoshi Finance is Key Features in summary Interest-Free: There is no interest for the minted btUSD no matter you are going to keep the collateralized position for a month or a year Efficient-Liquidation: btUSD holders could deposit into stability pool to provide offset reserve for liquidation and earn liquidated collateral plus SATO token in return Guaranteed-Low-Bound: When btUSD is traded below $1 peg, any btUSD holder could redeem 1 btUSD for $1 worth of collateral from the system, thus making an effective support for restoring the peg Immutable: All protocol parameters are determined at time of contracts deployment and no admin or DAO could change the values or upgrade the contracts Decentralization-First: Everyone could host a frontend User Interface to diversify the adoption and provide censorship resistance. Satoshi Finance's native token is sato. sato token is supported by following blockchains: Binance, BNB Chain.