Author: Alfred @gametorich, Source: Cycle Capital Research
Since BTC bottomed out on July 5, SATS has increased by more than 200%+. It is not only the best-performing target in the Inscription Track, The rebound performance in the entire market is also among the best. The reason behind this is that the significant changes in SATS fundamentals combined with the rise of market makers after a long period of accumulation. For at least the next two months, SATS will be one of the targets worthy of attention in the BTC ecosystem. This article will review and sort out the changes in SATS.
1. SATS is confirmed to serve as Gas fee
Unisat is currently developing the brc20 swap module and will push it to the main network of Bitcoin and the second-layer network Fractal Bitcoin developed by Unisat in the future. In terms of development progress, the release date of swap on L1 needs to be further confirmed, but Fractal swap is a product that is completely completed within the time frame and is scheduled to go online in September this year.
In an article introducing the Swap module by Unisat on July 7, it was clearly stated that “By effectively integrating wallets, browsers and exchange products, UniSat aims to provide seamless and Consistent experience. From a user perspective, the main differences offered by Fractal Swap are the faster confirmation speeds and lower overall fees on Fractal. They are similar in that both are based on the brc-20 protocol and use the brc- 20 sats as gas fee ”
Source: Unisat official
2. The new narrative launched by Unisat this round
1. The development of brc20 Swap
The core goal of brc20 Swap is to give other teams the opportunity to build on UniSat The code builds its own exchange platform. In the past, the trading of brc20 assets relied on centralized, information-asymmetric indexers. The launch of brc20 Swap will make it standardized and unified.
Currently, most of the work on the swap module has been completed, and the remaining work mainly includes:
(1) Assist indexers other than UniSat Indexer to effectively identify and calculate inscriptions related to the swap module.
(2) Ensure that the calculation results submitted by Unisat are consistent with those of other teams to avoid accounting discrepancies.
2. Fractal Bitcoin, a network built based on the brc20 standard
The goal of Fractal Bitcoin is to expand the Bitcoin network through the brc20 standard. On Fractal Bitcoin, Unisat will provide functions and mainnet The same product as the swap module – Fractal Swap, ensures that projects on Fractal Bitcoin have good liquidity from the beginning. In subsequent iterations, BTC and other mainnet assets will also be able to exist on Fractal Bitcoin as brc-20 wrapped assets, providing greater flexibility.
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