Binance Web3 Wallet and BEVM, a leading Bitcoin Layer2 project, teamed up with Satoshi Protocol to introduce a generous airdrop promotion worth millions, starting on April 4th.

For users who connect BTC to the BEVM through Binance Web3 Wallet and borrow a minimum of $10 in SAT (USD-stablecoin), they qualify to receive a share from a pool of 500k OSHI and 10.5 million BEVM tokens. This initiative has attracted a remarkable 30,000 participants within just three days since its initiation.

Satoshi Protocol, the pioneer CDP protocol launched on BEVM, went live on the BEVM mainnet on March 28th. In addition to the Binance campaign, an added referral program allows early participants to earn points by borrowing SAT and inviting others.

BEVM offers unique features as an EVM-compatible Bitcoin Layer 2 solution, standing out in a competitive market. By utilizing advanced technologies like Taproot consensus, Schnorr signatures, MAST, and Bitcoin SPV, BEVM ensures the highest level of decentralization and security among all BTC Layer 2 solutions.

Key Highlights of BEVM:

- Native BTC Layer 2: Leveraging BTC as the network gas and storing transaction data on the BTC mainnet, ensuring compatibility with the original Bitcoin protocol.

- EVM compatibility: Facilitating seamless migration of Ethereum-based dApps to BEVM, broadening the reach of these applications across the Bitcoin ecosystem.

- Decentralized and secure: Utilizing Musig2 multi-signature aggregation and Bitcoin light nodes for a trustless and secure environment.

Satoshi Protocol's mission is to enhance Bitcoin liquidity through the use of the SAT dollar stablecoin, expanding BTCFi scenarios and unlocking trillion-dollar liquidity within the Bitcoin sphere. This provides users with the ability to hold Bitcoin while accessing liquidity.

The Bitcoin ecosystem is undergoing a resurgence with recent advancements in technologies like inscriptions and scaling solutions. The Satoshi Protocol anticipates the upcoming halving and the Runes protocol launch to attract an influx of new users.

Addressing a crucial challenge of the lack of a reliable, fiat-pegged crypto for seamless trading and market efficiency, Satoshi Protocol offers a solution. By allowing users to borrow SAT with Bitcoin as collateral, Satoshi Protocol introduces a dependable liquidity option within the Bitcoin ecosystem.

The collaboration between BEVM, Satoshi Protocol, and Binance Web3 Wallet introduces an airdrop campaign offering a total of 10.5 million $BEVM and 500k $OSHI Tokens. Participants using Binance Wallet for tasks like bridging to BEVM and establishing positions on Satoshi Protocol are eligible for rewards.

Satoshi Protocol and Binance Wallet's joint efforts signify the future of Bitcoin finance. By harnessing the BEVM and a robust CDP model, users can access BTC-backed stablecoin SAT and further expand the possibilities within the Bitcoin ecosystem. The integration of Binance Wallet with a Bitcoin Layer 2 solution marks significant progress for BTCFi.