Introducing Satori V2
Announcing the Satori Points Program
Satori initially launched in March 2023. As we celebrate our one year anniversary, we are excited to announce the launch of our points program. Users can now visit https://satori.finance/leaderboard/ to track their points across several different metrics. The first distribution of points is for users who actively used the platform across the five chains Satori is currently live on: Polygon zkEVM, zkSync, Linea, Scroll, and Base. Moving forward, users will be able to track their points in real-time on our website.
How it works
While the formula will not be published and is subject to being improved over time, we are focused on rewarding users across the following actions:
- TVL deposited
- Number of trades
- Volume traded
- Length of trades
- Liquidity provided to order book
New v2 Features
Our goal for Satori v2 is to make Satori as affordable and accessible as possible for users. To celebrate the launch of v2, we will be making fees 0.02% for makers and 0.04% for takers, which will be among the lowest available fees in the industry. Our goal is to always make Satori the most accessible and affordable venue to trade and will continue to work to find ways to make our fees even lower.
We have also launched a new vaults system where anyone from retail users to market makers can create automated strategies to deploy liquidity on the platform. Several market makers will also be going live in the coming weeks to provide more liquidity to the order book.
Our referral program is also now live. Users can earn up to 50% of trading fees generated by traders that they refer to the platform.
Upcoming Roadmap
Along with the announcement of the Satori Points Program, which will last 3 months, we have a few exciting product updates that will be rolling out in the coming weeks:
- We will be integrating a yield bearing stablecoin for Satori soon. This way, users can earn yield when they are not trading.
- We will be adding new assets based on community feedback. We have gotten a lot of feedback on tokens that our user base wants to trade. If there are other assets you want listed, please let us know in our Discord.
- We will be launching on a few new ecosystems in the coming weeks. We announced our upcoming launch with edgeless.network recently and will be going live with it this month. This will enable Satori to become the first perps platform in the world with zero fees to trade.
- Future IDOs on Satori. After the smashing success of our first two IDOs with XRGB and Ether Orb, we have several other upcoming IDO partnerships we are excited to bring to our community
- New platforms to trade on. We are actively building a new Telegram bot, which will be the first Telegram app for trading perpetuals. This is just one of many ways in which we hope to make Satori more accessible to users. We will also be releasing an SDK soon so anyone can create apps that use Satori permissionlessly.
About Satori
Satori is the leading order book based perpetuals platform across five different ecosystems. We started Satori to bring the power of perps to all web3 DeFi users. We raised $10m from leading investors including Polychain Capital, Jump Crypto, Coinbase, and others.
