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Golden Finance reported that Threshold Network issued an article on the X platform to introduce the SATS (Satoshi) Token of satsDAO. SATS Token can be minting and exchanged for tBTC. According to reports, SATS is an ERC20 compatible Token pegged to 1 Satoshi and backed by tBTC. 100,000,000 SATS = 1 Bitcoin, which can be minted/redeemed via tBTC.
satsDAO said the Stronghold Security team completed the SATS security audit, the Threshold DAO-approved TIP76 proposal made it a reality, and worked with Saakuru Protocol's Taffy team.