Threshold Network has published an article on X platform introducing the SATS (Satoshi) token of satsDAO. SATS tokens can be minted and exchanged for tBTC. It is reported that SATS is an ERC20-compatible token pegged to 1 Satoshi and backed by tBTC. 100 million SATS equals 1 Bitcoin and can be minted/redeemed through tBTC. satsDAO stated that the Stronghold Security team completed the SATS security audit, the TIP76 proposal approved by Threshold DAO made it a reality, and they are working with the Taffy team of Saakuru Protocol.
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Threshold Network: satsDAO announces the launch of the SATS (Satoshi) token
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