On March 26th, BEVM, the first CDP stablecoin protocol in the Satoshi Protocol, completed its seed round financing. The financing was jointly 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 launched the Bitcoin Layer2 solution BEVM testnet. Over 80,000 genesis NFTs have been minted with more than 25,000 limited edition OAT tokens distributed during the testnet period. Within 2 weeks, over 100,000 addresses participated. Currently, the protocol is preparing for its official mainnet launch in the near future.
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