Company attributes
Cryptocurrency attributes
Other attributes
SatoshiSwap is a decentralized margin trading protocol that enables traders to easily open leveraged trading positions on BSC trading pairs and enables holders to earn a multitude of passive revenue streams.
It's designed to be as easy to use as PancakeSwap - hook up your MetaMask wallet, select a trading pair and then open your highly leveraged long or short position!
The token itself is a utility governance token that empowers holders to vote on the key decisions on the future of the project via the SSB DAO upon network maturity. The token is also designed from the ground up to passively reward participants that hold it in a variety of different ways (click here to see Rewards section)
Backed by the legendary SatoshiStreetBets
SatoshiStreetBets is a community of 750,000 diamond handed traders that was founded on Reddit in February 2020 and expanded onto other networks including Telegram, Discord and Twitter.
When we refer to SatoshiStreetBets we are collectively referring to all of our community across our different networks.
SatoshiSwap is the official cryptocurrency of SatoshiStreetBets and will be integrated deeply into the community across Telegram, Discord, Twitter, Reddit and other future platforms.
The SatoshiSwap protocol is designed around rewarding participants and token holders. Each further DeFi product we add to our ecosystem will only expand this list even more, so that we end up with an interconnected system of DeFi lego bricks compounding rewards for the true believers.
These are the current rewards in place within the protocol:
- Trading fees
A percentage of each trade is shared with token holders
- Vault fees
A percentage of fees from the vaults are shared with token holders
- Liquidation fees
All liquidated trades are shared with token holders
- Bank fees
A percentage of fees from the bank which manages the vaults are shared with token holders
- Staking
Earn even more rewards with staking
- Earn interest
Securely deposit into the vault and earn interest from borrowers
- Yield farming
Farm yield by providing liquidity to the SatoshiSwap DEX
- Community Participation
SatoshiSwap is distributed to community members in proportion to the upvotes their content receives
- 100% on-chain decentralized margin trading on the BSC network
- Margin positions are tokenized as composable NFT's enabling in the future more sophisticated financial instruments to be built on top of the protocol (DeFi lego bricks)
- No KYC, no AML, no middle-men. 100% unbreakable, permissionless smart contracts
- Decentralized price oracle system with no reliance on external third parties (e.g. no chainlink)
- High flexible, extensible vault architecture opens the door to easily adding further DeFi products
- Built using battle-tested DeFi source code: PancakeSwap AMM and well-known lending protocols
- Web UI for intuitive, easy-to-use margin trading that's as simple as using PancakeSwap
- Can easily be extended onto other networks and integrated with other DEX's
- Leverage amounts can be scaled as high as the lending pools allow
- SatoshiSwap isn't just a margin trading dex, it also functions as a standard AMM swapping DEX like PancakeSwap as well
- Backed by the legendary SatoshiStreetBets community and fully integrated within it
We will be revealing all the details about the ETH meme token after the presale event.
This is to prevent others copying the original name, original artwork and ideas.
If you like meme tokens, you're going to love it.
The founder of SatoshiStreetBets, David Gilbert, is leading the SatoshiSwap project and has a vast experience of building up followings in cryptocurrency. For example:
- Organically grew the SSB twitter from 0 to 64k followers
- Organically grew multiple crypto Telegram groups to 100k+ members
- Founded Moonshot Monday as a popular crypto competition that's driven growth across all SSB platforms
- Founded SSB on Reddit and has been promoting and managing it on a day-to-day basis since it's inception from 0 to half a million members
David will be implementing everything he has learned in crypto marketing when it comes to SatoshiSwap. The majority of people leading various crypto projects struggle to market effectively and efficiently. And the few that get lucky often fail to understand how to retain their members. David has been involved in cryptocurrency for 8 years and has been a programmer for even longer and can code smart contracts, meaning the person leading the project and marketing efforts understands the protocol inside and out.
And of course, the biggest weapon we have in our arsenal: the SatoshiStreetBets army. We will be extensively promoting SatoshiSwap and our meme token week-in, week-out across the entire SSB network and ingraining it within the community.