On March 26th, Satoshi Protocol, the first CDP stablecoin protocol in the BEVM ecosystem, 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 online with the Bitcoin Layer2 solution on the BEVM testnet. The genesis NFT has minted over 80,000 addresses, and during the testnet period, the limited 25,000 OATs have been fully distributed, with over 100,000 addresses participating in the two-week period. The protocol will be officially launched on the mainnet in the near future.
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