On March 26th, BEVM Ecology’s first CDP stablecoin protocol, Satoshi Protocol, completed its seed round of financing. The round was led by Web3Port Foundation and Waterdrip Capital, with participation from BEVM Foundation, Cogitent Venture, Statoshi Lab, GP of MH Venture/co-founder of BSCnews, Movebit, Supremacy, and other institutions.

Since early March, Satoshi Protocol has been live on the Bitcoin Layer2 solution BEVM testnet. The Genesis NFT has already been minted at over 80,000 addresses. During the testnet period, a limited quantity of 25,000 OAT tokens were distributed to all participating addresses, with over 100,000 addresses involved in a total of two weeks. Currently, the protocol is preparing for its official launch on the mainnet in the near future.

This article provides official information and does not represent the stance or investment advice of this site. Readers must conduct their own careful evaluation.

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