Partnership with Macaron

Published in

Satoshi Protocol

2 min readJun 14, 2024

We’re excited to announce a strategic partnership with Macaron, a leading DEX built on the Bitlayer network. This collaboration merges Satoshi Protocol’s innovative technology with Macaron’s robust trading platform and diverse yield-generating tools, unlocking unparalleled value for our users.

What is Macaron

Macaron is a revolutionary DEX (decentralized exchange) built on the Bitlayer network. It goes beyond simply facilitating trades; it empowers you to become an active participant in the DeFi ecosystem and unlock its full potential. Macaron offers a user-friendly interface and a comprehensive suite of tools designed to make your DeFi experience smooth, secure, and most importantly, rewarding.

Benefits for SAT Users

Effortless SAT Trading: Macaron’s advanced AMM algorithm ensures smooth trading of SAT with minimal slippage and optimized yields.
Enhanced SAT Liquidity: This partnership unlocks deeper liquidity pools for efficient and secure trading of SAT alongside other assets.
Maximized Rewards: Leverage Macaron’s liquidity farming, staking incentives, and trade-to-earn program to earn lucrative rewards on your crypto holdings.

A Win-Win for the DeFi Landscape

This collaboration strengthens both Satoshi Protocol and the Bitlayer ecosystem:

Boosts BTC-Backed Stablecoin ($SAT): Macaron enhances liquidity and interoperability for $SAT, crucial for the Bitcoin ecosystem.
Benefits Bitlayer: Increased transaction volumes and support for new use cases within the Bitlayer ecosystem.
Drives Project Synergies: We’ll work together on Liquid Staking Derivatives, Decentralized Exchanges, and Lending protocols to further develop BTCFi.

We are thrilled to partner with Satoshi Protocol, a leading innovator in the DeFi space. This collaboration aligns perfectly with our vision of empowering users and unlocking the full potential of DeFi.
Macaron Team

Conclusion

As Satoshi Protocol continues its ascent in the DeFi realm, fostering strategic partnerships stands as a pivotal step in propelling its growth and expanding its reach.

Both Satoshi Protocol and Macaron are dedicated to fostering innovation and building a thriving community. This partnership will provide a platform for collaboration and knowledge sharing, driving further advancements in DeFi technologies and services.

About Macaron

Macaron is the first native DEX on BitLayer. It supports the ve(3,3) model, creating more incentives for liquidity providers and offering higher capital efficiency.

About Satoshi Protocol

Satoshi Protocol is a universal stablecoin protocol built specifically for Bitcoin. It empowers users to deposit their Bitcoin as collateral and borrow stablecoins SAT, on either Bitcoin Layer 1 or Layer 2.