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SatoshiDEX (SATX)

ICO

SatoshiDEX is a decentralized exchange (DEX) built on the Stacks blockchain, a layer-2 blockchain connected to Bitcoin through Proof-of-Transfer (PoX) consensus.

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Overview

Project industryExchanges & Wallets
Product typeCryptocurrency
WhitepaperSatoshiDEX White Paper Open

What is SatoshiDEX

SatoshiDEX is a decentralized exchange (DEX) built on the Stacks blockchain, a layer-2 blockchain connected to Bitcoin through Proof-of-Transfer (PoX) consensus. Inspired by Uniswap, SatoshiDEX facilitates peer-to-peer (P2P) trading of digital assets while offering several unique advantages due to its integration with Stacks. This whitepaper outlines the key features and benefits of SatoshiDEX, its architecture, tokenomics, and roadmap for development.

Details

Pre-sales: Mar 01, 2024 - Apr 30, 2024
Token supply: 10,000,000,000 SATX

Legal

Registration year: 2023

Token info

Ticker: SATX
Type: Utility-token
Token price in USD: 1 SATX = 0.02271 USD
Accepted currencies: ETH, USDT, USDC
Token distribution:
Presale - 30%
Liquidity Provision - 25%
Team & Advisors - 15%
Ecosystem Fund - 15%
Staking - 15%

SatoshiDEX Roadmap

1
Conceptualization and Design (Q4 2023)
  • Project Inception: Formalize the vision for SatoshiDEX and establish the core team.
  • Whitepaper Publication: Release the comprehensive whitepaper detailing the SatoshiDEX architecture, tokenomics ($SATX), and initial use cases.
  • Community Engagement: Launch social media channels and community forums to begin building a community around SatoshiDEX.
2
Development and Testing (Q1-Q2 2024)
  • Smart Contract Development: Begin development of Clarity smart contracts for liquidity pools, swaps, governance, and other core functionalities.
  • Security Audits: Conduct preliminary security audits on smart contracts with reputable third-party firms to ensure robustness and security.
  • Testnet Launch: Deploy SatoshiDEX on the Stacks testnet, allowing users to test functionalities and provide feedback.
  • $SATX Presale
  • $SATX Token Generation Event (BSC): Launch the $SATX token, distributing it to early backers and through initial liquidity provision events.
  • $SATX Launch on Bitcoin Network (STX)
3
Mainnet Launch and Initial Liquidity (Q3-Q4 2024)
  • Mainnet Launch: Deploy SatoshiDEX on the Stacks mainnet, enabling real transactions and liquidity provision.
  • Initial Liquidity Pools: Establish the first set of liquidity pools, focusing on key Bitcoin and Stacks pairs to encourage early adoption.
4
Platform Expansion and Feature Rollout (Q1-Q2 2025)
  • Cross-Chain Functionality: Implement cross-chain swap features to enable seamless trading between Bitcoin and other assets.
  • Governance System Activation: Enable $SATX token holders to participate in governance decisions, utilizing the decentralized governance model.
  • Community-Driven Development: Introduce a grants program for community projects that contribute to the SatoshiDEX ecosystem.
5
Ecosystem Growth and Partnerships (Q3 2025)
  • Strategic Partnerships: Form partnerships with other DeFi platforms and blockchain projects to enhance liquidity and user experience.
  • Advanced Trading Features: Roll out additional trading features such as limit orders and margin trading.
  • Global Community Events: Host hackathons, webinars, and meetups to foster a strong and engaged SatoshiDEX community.
6
Continuous Improvement and Innovation
  • Regular Protocol Upgrades: Continue to iterate on the platform based on community feedback and technological advancements.
  • Sustainability Initiatives: Implement initiatives aimed at ensuring the long-term sustainability and resilience of the SatoshiDEX ecosystem.
  • Research and Development: Invest in research and development for new technologies and features that can be integrated into SatoshiDEX, keeping the platform at the forefront of DeFi innovation.

Social media

SatoshiDEX web-siteSatoshiDEX TelegramSatoshiDEX Twitter

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