{"title": "SatsBridge", "logoImg": "bafkreifkfaga5lyteatvhu63srr32iywv53fmhz5b3vnry4fqhl6clf5pu", "website": "https://satsbridge.com", "bannerImg": "bafkreiatnusekcgax3ntz5djcef6sp3d45higsjhokyypmtqua2iyjhcam", "createdAt": 1730463148181, "userGithub": "artk42", "credentials": {}, "description": "SatsBridge and Decentralized Aggregating Wrapper are two components of a solution designed to unify and solidify Bitcoin liquidity across EVM L2s.\n\nAggregating Wrapper is a Decentralized Bitcoin wrapper that aggregates BTC liquidity from legacy and innovative wrappers across layers, providing a unified ticker governed by DAO of liquidity stakeholders (wrapper vendors, lending protocols, LPs).\n\nSatsBridge is a non-custodial bridging protocol based on Bitcoin Lightning real-time settlement rails. Ultimately, it allows every LP to run its own bridge without the need to trust or participate in economically unscalable MPC-federations of a single vendor or custodian, yielding on Lightning instead. The bridge is also immediately pluggable to all major exchanges thanks to Lightning channels; no listing is needed. It is currently live on Arbitrum.\n\nTogether, SatsBridge and Aggregating Wrapper bring circularity to Bitcoin liquidity flows, and mitigate vendor gatekeeping risks, and bridge dependency. Ultimately, this setup makes tokenized Bitcoins more liquid, fungible, and redeemable than any underlying solution alone. It also reduces the cost of risk reassessment for each wrapper on every layer for lending protocols.\n\nThe funding aims to support and speed up the finalization of the development of Aggregating Wrapper contracts and integration with canonical bridging.\n\nhttps://satsbridge.com/litepaper", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "satsbridge", "projectTwitter": "SatsBridge"}