Satoshi Protocol has supported wstBTC as collateral to lend stablecoin SAT

On April 24th, according to the latest news from Satoshi Protocol, the agreement has reached a cooperation with Bido, a liquidity staking protocol on the BEVM ecosystem, to support the liquidity staking token wstBTC as collateral to lend stablecoin SAT, in order to expand the application scenario of the protocol. Bido is a liquidity staking protocol based on BEVM. Users can get stBTC by staking BTC, and get staking income while maintaining liquidity. Satoshi Protocol is the first over-collateralized stablecoin protocol on the BEVM network. It has been launched on the main network in early April and has launched airdrop activities in conjunction with Binance wallet and BEVM. The participating addresses have reached 140,000. TVL has added $1.50 million within 24 hours after Satoshi Protocol supports wstBTC as collateral.