Threshold Network posted on the X platform introducing the SATS (Satoshi) token of satsDAO. SATS tokens can be minted and exchanged for tBTC. According to reports, SATS is an ERC20 compatible token pegged to 1 Satoshi and backed by tBTC. 100 million SATS = 1 Bitcoin, which can be minted/redeemed through tBTC.
SatsDAO said the Stronghold Security team completed the SATS security audit, the Threshold DAO-approved TIP76 proposal made it a reality, and worked with the Saakuru Protocol's Taffy team.
Threshold Network: SatsDAO Announces Launch of SATS (Satoshi) Token
2024-05-06 05:41:25
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