Bitcoin Gets DeFi: SatoshiDEX Pre-Sale Surpasses $1 Million Goal!
London, UK, 11th March 2024, ZEX PR WIRE, SatoshiDEX — the world’s 1st decentralized exchange, has raised now over $1,000,000 to lead the DeFi on Bitcoin.
Pre-Sale is offering users the chance to invest in $SATX, SatoshiDEX’s native token. According to the project’s whitepaper, 30% of the total $SATX supply will be distributed through this pre-sale, giving early adopters a unique opportunity to be part of this groundbreaking platform.
This pre-sale success signifies the massive potential SatoshiDEX holds. It aims to bridge the gap between Bitcoin’s established security and the exciting world of DeFi.
Stage 3 of $SATX Pre-Sale is currently LIVE: https://satoshidex.ai/?ref=stdex-of6tGT4i
What is SatoshiDEX?
SatoshiDEX is a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to:
- Trade tokens directly on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees,
- Stake and earn $SDEX
Follow the updated SatoshiDex and subscribe to their Telegram and Twitter, for future updates.
Core Features:
- On-chain trading: SatoshiDEX enables peer-to-peer trading of Bitcoin-based assets directly on the blockchain, ensuring trustless and transparent transactions.
- Liquidity pools: Similar to Uniswap, SatoshiDEX utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to pools and earn rewards in exchange for providing liquidity.
- Stacks L2 chain: Leveraging the Stacks L2 chain, SatoshiDEX aims to overcome scalability limitations on the Bitcoin main net, offering faster and cheaper transactions. SatoshiDEX.ai approach to DEX development on Bitcoin offers a paradigm shift in decentralized asset trading. With Bitcoin’s security, SatoshiDEX.ai is able to create a decentralized financial ecosystem.
About:
SatoshiDEX is a decentralized exchange operating on the Stacks Layer 2 chain. It facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees.
Users can directly trade tokens on Bitcoin through its platform on https://satoshidex.ai/, enhancing accessibility and reducing transaction costs. By leveraging the Stacks Layer 2 chain, transaction processing is swift while maintaining security and decentralization.
SatoshiDEX is leading a new era of decentralized finance, where innovation meets utility on the Bitcoin blockchain.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Current Hue journalist was involved in the writing and production of this article.