DeFi
Bitcoin DeFi Becomes Strongest Narrative in Crypto, First BTC DEX – SatoshiDex
SatoshiDEX is the first Bitcoin Dex, unlocking flexibility and innovation for the entire blockchain. A brand new DeFi protocol in the Bitcoin ecosystem that allows users to:
- Trade Bitcoin tokens, eliminating the need for wrapped assets and expensive Ethereum fees.
- You bet and win $SATX
So far they have raised over $11,600,000 and the presale will end soon! The pre-sale is still ongoing and is currently a perfect opportunity for first-time investors. Additional information is available on their channels at Twitter I Telegram. Don’t hesitate to join them to stay informed of important announcements!
SATX token presale has not yet been launched keep on going.
Functions of SATX tokens
1. $SATX Staking Available NOW – There is an opportunity to stake $SATX and earn liquidity maintenance rewards with 150% APY
2. Right to vote and transparency in management. $SATX token holders will be able to participate in management decision-making using a decentralized governance model.
3. Secure Yield Farming on the Bitcoin Network – High APY will be available to early investors and $SATX token holders
Road map
Mainnet launch and initial liquidity (Q3 and Q4 2024)
- Mainnet Launch: Implementation of SatoshiDEX on Stacks mainnet enabling live trading and liquidity.
- Initial Liquidity Pools: Create the first set of liquidity pools focusing on key Bitcoin and Stacks pairs to encourage early adoption.
More information and news can be found at The roadmap!
The popularity of SatoshiDEX this is not surprising as they provide users with a safe and transparent trading experience, namely:
- Improved user interface
- Advanced asset support
- Integration of second layer solutions
- Improved security
SatoshiDEX– is a decentralized exchange (DEX) built on the Stacks blockchain, a second-layer blockchain connected to Bitcoin via the Proof-of-Transfer (PoX) consensus mechanism. Inspired by Uniswap, SatoshiDEX facilitates peer-to-peer (P2P) trading of digital assets while offering several unique benefits through its integration with Stacks.
For more information about SatoshiDex and its presale visits theirs Twitter/website.
About:
SatoshiDEX is a decentralized exchange operating on the Stacks second layer chain. It facilitates asset trading and the provision of liquidity seamlessly, eliminating the need for wrapped assets and costly Ethereum fees.
Users can directly trade tokens through its platform, improving accessibility and reducing transaction costs. Using the Stacks second-layer chain, transaction processing is fast while maintaining security and decentralization.
SatoshiDEX is leading a new era of decentralized finance where innovation meets the utility of the Bitcoin blockchain.
