Satoshi (SATS) is the well-known smallest unit of bitcoin all over the world which is a one hundred millionth of a single bitcoin, i.e. 0.00000001 BTC. Since the BTC rate has exceeded tens of thousands dollars, it is becoming more convenient for new adopters to buy a lot of SATS instead of just a fraction of BTC. Most recently, the great hype of meme coins with a supereme amount of coins has proven such a psychological phenomenon to some extent.
Every SATS token is 1:1 backed by 0.00000001 BTC, and having much finer liquidity of 18 decimals, which makes it works with Uniswap V3 very well. Meanwhile, the supply cap of the SATS token mintable is hard coded and infeasible to falsify, that can be a rigid restraint of BTC issuance amount to be never more than around 21 million. Starting from this, we are going to build a BTC value backed DeFi skyscraper for BTC hodlers to gain a better yield from their bottom tier assets, as well as for newcomers to get into the crypto world in an easier and more friendly way.
Read more about Satoshi unit.
- nodejs 14.15.1
- hardhat 2.3.0
npm installnpx hardhat compilenpx hardhat testFork, code and make pull request against the main branch.