SATOSHICHAIN — MAINNET LAUNCH ANNOUNCED, MASSIVE AIRDROP CONFIRMED.
As blockchain continue to evolve, we see a lot of projects build on existing blockchains while some other build from scratch. One of those projects is SatoshiChain.
ABOUT SATOSHICHAIN
SatoshiChain is a EVM blockchain that seeks to be a complementary chain for BTC.
SatoshiChain will be launched as a proof-of-stake blockchain in order to give Bitcoin, scalability, security, robustness, & utility.
As Bitcoin doesn’t support decentralized finance applications, SatoshiChain allows the use of decentralized finance applications such as NFTs, GameFi, and decentralized applications (dApps) for the Bitcoin community.
It uses $SC as it’s governance token.
SatoshiChain, SC allows bridge between $BTC & $SAT, as there are 100M SATS in 1 BTC.
When you bridge bitcoin to SC, you will receive $SAT in your wallet.
When you withdraw your $SAT out of SC, you will receive bitcoin in your bitcoin wallet, at the same conversion rate.
MAINNET LAUNCH
According to SatoshiChain’s medium update, mainnet will officially launch on June 1st, 2023.
This marks a significant reach for SC & its community, as it enable users to utilize the blockchain’s features & benefits, including decentralized applications & smart contracts.
AIRDROP CONFIRMED
According to the tokenomics, 19% of total supply will be allocated to airdrop participants.
How Do You Position Yourself For This Airdrop?
Follow SatoshiChain via
Telegram: t.me/SatoshiChain_Portal
Discord: discord.gg/7mDS9TeFkx
Twitter: twitter.com/DeFi4BTC
Now, add testnet RPC to your metamask wallet.
On your metamask,
- click on the three dots in the upper right corner,
- Click on “Custom Network”,
- Fill in the following details: ⤵️⤵️
Network Name: SatoshiChain Testnet
RPC URL: https://rpc.satoshichain.io
Chain ID: 5758
Symbol: SATS
Block Explorer URL: https://satoshiscan.io
- Click "Save" to connect to the testnet.
That's not the end of it, you will need to carry out transactions.
Head to faucet.satoshichain.io & get some faucet token.
To start testing,
- go to this DEX - satoshix.io
- trade listed tokens against $SAT
- provide liquidity
I added liquidity for $SAT/ $XUSD.
You can as well,
- Develop dApps, deploy smart contracts, and add new #protocol to the SatoshiChain ecosystem.
- Identify and report bugs, security flaws, and other problems with SatoshiChain.
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Nwoke Kingsley tweets & talk about decentralized finance, applications, and opportunities in DeFi.
