Satoshi Finance & sato Token Crypto Analytics & User Data

Search projects' onchain activity and off-chain performance

Satoshi Finance

sato
Categories:
CDPDeFi
On chains:
BinanceBNB Chain

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Latest Price

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Total daily revenue

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Total revenue in last 30 days

$218

TVL

Should I buy sato?

Key Features in summary Interest-Free: There is no interest for the minted btUSD no matter you are going to keep the collateralized position for a month or a year Efficient-Liquidation: btUSD holders could deposit into stability pool to provide offset reserve for liquidation and earn liquidated collateral plus SATO token in return Guaranteed-Low-Bound: When btUSD is traded below $1 peg, any btUSD holder could redeem 1 btUSD for $1 worth of collateral from the system, thus making an effective support for restoring the peg Immutable: All protocol parameters are determined at time of contracts deployment and no admin or DAO could change the values or upgrade the contracts Decentralization-First: Everyone could host a frontend User Interface to diversify the adoption and provide censorship resistance