Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Staking on Bitcoin, SatoshiDEX Staking for Presale Investors is now Live

Published 04/23/2024, 10:41 AM
Updated 04/23/2024, 11:00 AM
© Reuters Staking on Bitcoin, SatoshiDEX Staking for Presale Investors is now Live

London, UK, April 23rd, 2024, Chainwire

SatoshiDEX, the pioneering Bitcoin DEX, announces the Staking system, enabling users to earn rewards in advance of the platform's official launch.

Boasting a successful presale exceeding $10 million, SatoshiDEX continues to gain momentum.

The SatoshiDEX team has implemented a dynamic APY for their Staking System, allowing presale participants to access significantly higher rewards.

To get started, users can visit the SatoshiDEX staking dashboard and lock their $SATX tokens (Polygon, Optimism, Binance Smart Chain, Arbitrum, Base and Avalanche).

If interested users don’t have $SATX tokens they can acquire them via the Presale.

The key features of SatoshiDEX are:

  • Expanded asset support: Seamless cross-chain swaps between Bitcoin and other assets.
  • Enhanced Security: SatoshiDEX leverages the Layer 2 Stacks blockchain solutions to provide a new security level for traders and investors.
  • Scalable Infrastructure and Multi-Chain support: Stacks' microblocks feature enables an increase in transaction speed and healthy staking growth.

  • Mainnet launch;
  • Release of the initial liquidity pools: the first set of liquidity pools, focusing on key Bitcoin and Stacks pairs.

About SatoshiDex

SatoshiDEX represents a paradigm shift in decentralized finance, offering a platform where innovation converges with utility on the Bitcoin blockchain. By leveraging the Stacks Layer 2 chain, SatoshiDEX facilitates seamless asset swaps and liquidity provisioning, eliminating the need for wrapped assets and mitigating costly Ethereum fees.

ContactJeremy NitaSatoshiDEXcontact@satoshidex.ai

This article was originally published on Chainwire

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.