Create Next App

A UNIVERSAL UNIT OF ACCOUNT

A token representing the measure of value for the Bitcoin-
powered global economy

Follow On

Bitcoin acts as the global measure of value, functioning as the worldwide digital gold standard.

Satoshi is a fractional version of Bitcoin backed by Bitcoin, serving as a global currency with a focus on day-to-day use.

Satoshi's future

Coffee

$3=0.000003 BTC
300 satoshi

Book

$20=0.0002 BTC
2,000 satoshi

Plane Ticket

$500=0.0002 BTC
50,000 satoshi

Lorem ipsum dolor Sit amet consectetur. Sed euismod rhoncus hendrerit ac faucibus cras tortor suspendisse.

History is the inspiration

Satoshi Nakamoto saw the need for dividing Bitcoin once it gained global recognition. Later that same year, the Bitcointalk community proposed naming these fractions after Satoshi.

Eventually at most only 21 million coins for 6.8 billion people in the world if it really gets huge. But don’t worry, there are another 6 decimal places that aren’t shown, for a total of 8 decimal places internally. It shows 1.00 but internally it’s 1.00000000. If there’s massive deflation in the future, the software could show more decimal places.

Satoshi Nakamoto

Bitcointalk forum, February 06, 2010

Why satoshi?

Human-readable Numbers

The need to count zeroes and deal with micro amounts introduces a lot of friction to Bitcoin's useability.

New users perceive assets as more valuable if they own whole numbers. Receiving 1000 satoshis is a much nicer first-timer experience than 0.00001362 BTC.

Lower Transaction fees

EVM-based blockchains enable 100x lower transaction fees compared to the original Bitcoin blockchain.

A $0.01 per transfer fee unlocks day-to-day retail and p2p use cases.

DeFi Ecosystem

ERC20 standard enables Bitcoin for the whole spectrum of DeFi ecosystem services.

satoshi (SATO) can be bridged to any other blockchain using existing ERC20 bridges.

Simple & transparent peg to Bitcoin

Satoshi (SATO) is issued and redeemed exclusively by one simple smart contract, that exchanges 1 WBTC to 100,000,000 SATO and vice versa.

Anyone can audit the code and the balance of WBTC in the reserve.

Recognized Unitof Account

The “satoshi” is already widely recognized by the crypto community as a unit of account, meaning 0.00000001 BTC. Now you can use it in your wallets.

Use Satoshi

Satoshi (SATO ) is a 1:100,000,000-backed wrapped version of WBTC.

We chose to rely on WBTC as the trusted version of wrapped Bitcoin to keep it stupid simple.

We may introduce our own reserve mechanism in the future.

Anyone can mint or burn satoshi (SATO) by depositing WBTC or satoshi (SATO) to the smart contract.

We’ve deployed copies of the same contract to all major EVM chains to minimize the number of bridged tokens. If you’d like to see your blockchain in the list please let us know.

> Ethereum

Blockchain: Ethereum

Token symbol: SATO

Decimals: 2

Smart contract: https://polygonscan.com/…xxxxx

> Polygon

Blockchain: Polygon

Token symbol: SATO

Decimals: 2

Smart contract: https://polygonscan.com/…xxxxx

> Celo

Blockchain: Celo