Satoshi Finance

Key Features of Satoshi Finance

• Interest-Free: There is no interest for the minted btUSD no matter you are going to keep the collateralized position for a month or a year

• Efficient-Liquidation: btUSD holders could deposit into stability pool to provide offset reserve for liquidation and earn liquidated collateral plus SATO token in return

• Guaranteed-Low-Bound: When btUSD is traded below $1 peg, any btUSD holder could redeem 1 btUSD for $1 worth of collateral from the system, thus making an effective support for restoring the peg

• Immutable: All protocol parameters are determined at time of contracts deployment and no admin or DAO could change the values or upgrade the contracts

• Decentralization-First: Everyone could host a frontend User Interface to diversify the adoption and provide censorship resistance