LONDON, United Kingdom, February 23, 2024 (GLOBE NEWSWIRE) — SatoshiSwap.ai, a pioneering Bitcoin DeFi platform, has raised $700,000 in a pre-sale round. This investment will accelerate the development of SatoshiSwap.ai’s flagship project, a DEX designed for the Bitcoin ecosystem.
SatoshiSwap.ai is led by a team working to reshape decentralized finance. SatoshiSwap.ai is dedicated to creating Bitcoin DeFi while focusing on building the first decentralized exchange.
The investment raised in the pre-sale round highlights interest in Bitcoin ecosystem projects in the cryptocurrency space. Investors see SatoshiSwap.ai as important in advancing decentralized finance on the Bitcoin blockchain.
Phase 2 of the SatoshiSwap.AI round is reportedly set to begin soon…
Core features:
- On-Chain Transactions: SatoshiSwap facilitates peer-to-peer trading of Bitcoin-based assets directly on the blockchain, enabling trustless and transparent transactions.
- Liquidity Pools: Similar to Uniswap, SatoshiSwap utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to the pool and receive rewards for providing liquidity.
- Stack L2 Chain: Utilizing the Stack L2 Chain, SatoshiSwap aims to provide faster and cheaper transactions by overcoming the scalability limitations of the Bitcoin mainnet.
SatoshiSwap.ai’s approach to Bitcoin’s DEX development offers a paradigm shift in decentralized asset trading. The security of Bitcoin allows SatoshiSwap.ai to create a decentralized financial ecosystem.
SatoshiSwap.AI whitepaper is also available!
With these funds, SatoshiSwap.ai is poised to redefine decentralized exchange technology and set new standards for transparency, security, and accessibility in digital finance.
About SatoshiSwap
SatoshiSwap, which operates on the Stacks Layer 2 chain, is a groundbreaking DeFi protocol that is revolutionizing the Bitcoin blockchain ecosystem. As a decentralized exchange, SatoshiSwap facilitates seamless asset exchange and liquidity provision, eliminating the need for packaged assets and expensive Ethereum fees.
satoshiswap.ai’s platform allows users to trade tokens directly in Bitcoin, improving accessibility and reducing transaction costs. Utilizing Stacks Layer 2 chains ensures rapid transaction processing while maintaining security and decentralization.
SatoshiSwap is pioneering a new era of decentralized finance where innovation meets the utility of the Bitcoin blockchain.
Source: SatoshiSwap
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