SatoshiDEX, operating on the Stacks Layer 2 chain, is a groundbreaking DeFi protocol revolutionizing the Bitcoin blockchain ecosystem.
London, UK, March 01, 2024 (GLOBE NEWSWIRE) — SatoshiDEX.ai, a pioneering Bitcoin DeFi platform, has announced the start of its highly anticipated 2nd Round of $SDEX Pre-Sale.
Following the successful conclusion of Stage 1, which saw an impressive $700,000 raised, Stage 2 is now live and open to the community, offering an exciting opportunity to be part of this groundbreaking initiative.
SatoshiDEX is led by a visionary team dedicated to reshaping decentralized finance. Beyond building the world’s first Decentralized Exchange built directly on the Bitcoin L2, they are passionate about creating a robust and inclusive Bitcoin DeFi ecosystem. This extends far beyond just trading, aiming to foster community participation, develop innovative financial products and services, and ultimately empower users with greater control and flexibility over their Bitcoin assets.
The investment, raised in a Pre-Sale Round, highlights interest in Bitcoin Ecosystem projects in the crypto space. Investor sees SatoshiDEX.ai as crucial for advancing decentralized finance on the Bitcoin blockchain.
Core Features:
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On-chain trading: SatoshiDEX facilitates peer-to-peer trading of Bitcoin-based assets directly on the blockchain, enabling trustless and transparent transactions.
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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.
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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.
SatoshiDEX.AI Whitepaper is also available!
With this funding, team is poised to redefine decentralized exchange technology, setting new standards for transparency, security, and accessibility in digital finance.
About:
SatoshiDEX, operating on the Stacks Layer 2 chain, is a groundbreaking DeFi protocol revolutionizing the Bitcoin blockchain ecosystem. As a decentralized exchange, SatoshiDEX facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees.
With its platform at satoshidex.ai, users can directly trade tokens on Bitcoin, enhancing accessibility and reducing transaction costs. Leveraging the Stacks Layer 2 chain ensures swift transaction processing while maintaining the security and decentralization.
SatoshiDEX leads a new era of decentralized finance, where innovation meets with utility on the Bitcoin blockchain.
CONTACT: Jeremy Nita contact(at)satoshiswap.ai
This article was originally published by a finance.yahoo.com . Read the Original article here. .