SATOSHI PROTOCOL has added support for $WSTBTC as collateral to borrow stablecoin $SAT, and has partnered with BIDO, a liquidity staking protocol on the BEVM ecosystem. Within 24 hours, the Total Value Locked (TVL) has increased by $1.5 million. BIDO allows users to earn $STBTC by staking $BTC, with an annual percentage yield (APY) of 80% based on the value of the cryptocurrency. The income is derived from 50% of the GAS revenue on the BEVM network. SATOSHI PROTOCOL is the first over-collateralized stablecoin protocol on the BEVM network, which launched on the mainnet in early April. It has conducted airdrop activities in collaboration with Binance Wallet and BEVM, with participation from 140,000 addresses.

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<p>News from TechFlow on April 24th, Satoshi Protocol has reached a partnership with Bido, a liquidity staking protocol on the BEVM ecosystem, to support the lending of stablecoin $SAT using the staked token wstBTC as collateral, expanding the protocol's application scenarios. Currently, within 24 hours of the establishment of this partnership, the Total Value Locked (TVL) has increased by $1.5 million.</p>
<p>Bido is a liquidity staking protocol based on BEVM, which allows users to obtain $stBTC by staking $BTC. The current annual percentage yield (APY) based on the coin standard is 80%, with the income derived from 50% of the GAS revenue of the entire BEVM network.</p>
<p>In addition, Bido will provide users participating in staking with an equivalent amount of $stBTC, which can be used as collateral to borrow $SAT on Satoshi Protocol after being converted to $wstBTC.</p>
<p>Satoshi Protocol is the first over-collateralized stablecoin protocol on the BEVM network. It was launched on the mainnet in early April and conducted an airdrop campaign in collaboration with Binance Wallet and BEVM, with participation reaching 140,000 addresses.</p>
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The SATOSHI PROTOCOL supports $WSTBTC collateral, with TVL increasing by 1.5M within 24 hours.