Threshold Network published an article on the X platform introducing satsDAO's SATS (Satoshi) token. SATS tokens can be minted and exchanged for tBTC.
According to the introduction, SATS is an ERC20 compatible token pegged to 1 Satoshi and supported by tBTC. 100 million SATS = 1 Bitcoin, which can be minted/redeemed through tBTC. satsDAO stated that the Stronghold Security team completed the SATS security audit, and the TIP76 proposal approved by Threshold DAO made it a reality, and cooperated with the Taffy team of Saakuru Protocol.
Odaily reminds users to pay attention to asset security and carefully choose the target.