On March 26th, the BEVM ecological first CDP stablecoin protocol, Satoshi Protocol, successfully completed its seed round financing. The financing was jointly led by Web3Port Foundation and Waterdrip Venture, 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 launched 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 supply of 25,000 OAT tokens has been fully distributed, with over 100,000 addresses participating in total within two weeks. Currently, the protocol is preparing for its official launch on the mainnet in the near future.
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