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 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. Over 80,000 Genesis NFTs have been minted at various addresses. During the testnet period, a limited supply of 25,000 OAT was distributed, with over 100,000 addresses participating within two weeks. Currently, the protocol is preparing for its official launch on the mainnet in the near future.
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