Satoshi Protocol

CDP protocol built on BEVM


Satoshi Protocol is the CDP protocol built on BEVM, facilitating users to deposit BTC and mint stablecoin SAT. SAT is backed by BTC with over-collateralization. If the position's collateral ratio drops below 110%, it will trigger liquidation, using stability pool to repay debt. In short, SAT is over-collateralized with a liquidation mechanism and stability pool for debt repayment.

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