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Home » Bitcoin DeFi Becomes Strongest Narrative in Crypto, First BTC DEX – SatoshiDex
Defi

Bitcoin DeFi Becomes Strongest Narrative in Crypto, First BTC DEX – SatoshiDex

May 17, 20242 Mins Read
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Bitcoin DeFi Becomes Strongest Narrative in Crypto, First BTC DEX – SatoshiDex
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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 stake and win $SATX

So far they have raised over $11,600,000 and the presale will end soon! The pre-sale is still going on and right now is a perfect opportunity for early investors. Additional information is available on their channels at Twitter и Telegram. Be sure to join them to keep up with important announcements!

The pre-sale of SATX tokens yet continues.

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. Holders of $SATX tokens 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 of 2024)

  • Mainnet Launch: Implementation of SatoshiDEX on the Stacks mainnet enabling live transactions 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 road map!

The popularity of SatoshiDEX not surprising because they offered users a safe and seamless 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 through the consensus mechanism Proof-of-Transfer (PoX). Inspired by Uniswap, SatoshiDEX facilitates peer-to-peer (P2P) trading of digital assets while offering several unique advantages due to its integration with Stacks.

For more information on SatoshiDex and its presale visit theirs Twitter/website.

About:

SatoshiDEX is a decentralized exchange running on the second layer chain Stacks. It facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees.

Users can directly trade tokens through its platform, improving accessibility and reducing transaction costs. By using the second layer chain Stacks, 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.

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