Highlighting SatoshiChain’s Protocols

SatoshiChain
3 min readMay 12, 2023

Part 1 of a multi-part series highlighting protocols building on SatoshiChain: An in-depth look at HedgePie’s innovative approach to decentralized finance

As we approach our mainnet launch scheduled for June 1st, SatoshiChain is positioning itself as a key player in the next generation of blockchain technology. We offer a robust and scalable platform designed to accommodate a multitude of protocols. One such protocol electing to build on SatoshiChain is HedgePie Finance, a decentralized finance (DeFi) platform known for its unique approach to investment strategies.

To jump right in and check out HedgePie, visit https://hedgepie.com

To participate in HedgePie’s future airdrop, visit https://zealy.io/c/hedgepiefinance/questboard

HedgePie Finance: Shaping the Future of DeFi

HedgePie stands distinct in the bustling DeFi landscape, thanks to its user-centric approach to investment. The platform empowers users from all backgrounds, catering to both beginners and experts, allowing them to create and manage their own investment strategies. By dismantling traditional barriers, HedgePie grants the power of investment decision-making to the individual, making DeFi more accessible than ever.

The investment strategies that users can create can encompass a wide range of financial maneuvers, from staking and hedging to margin trading and asset collateralization. This comprehensive array of options gives investors the flexibility to navigate their way in the crypto market, tailoring their investment approach to their risk tolerance and financial goals.

Yield-bearing NFTs: A Disruptive Innovation in DeFi

HedgePie takes innovation a step further by integrating yield-bearing non-fungible tokens (NFTs) into its ecosystem. These NFTs, which represent ownership of a specific investment strategy, add a unique dimension to the DeFi space.

Investors can earn yields by depositing their crypto into HedgePie’s smart contract, which then participates in liquidity pool swaps. The staked tokens can be traded, used as collateral for loans, or even contributed to another platform to enhance liquidity. This innovative approach opens up novel avenues for income generation and value creation in the crypto market.

Democratizing Finance: The Driving Principle of HedgePie

At its core, HedgePie is committed to democratizing finance. It does so by tying governance to the proportional representation of Pie Token holdings. This means that collective investment decisions are always directed based on the amount invested within each strategy. This model truly embodies the democratic spirit of DeFi, fostering an environment where every investor’s contribution is valued.

The Road Ahead

As we anticipate the mainnet launch of SatoshiChain with great enthusiasm, the addition of HedgePie to our platform is particularly exciting. HedgePie’s innovative approach to DeFi, its emphasis on user-driven strategies, and its trailblazing work with yield-bearing NFTs align perfectly with the advancements we envisioned when creating SatoshiChain.

This article is the first in a series where we will highlight protocols building on SatoshiChain. It’s an exhilarating time for our community, and I am eager to share more updates with you as we continue our journey into the future of blockchain technology. Stay tuned for more.

A reminder that the SatoshiChain Sacrifice event is still ongoing until May 31st, Don’t miss out on the 100% bonus, find out more at https://satoshichain.net/get-tokens/

To keep up to date on the latest developments and join our growing community, be sure to connect through the following channels:

Email: info@satoshichain.net

Twitter: https://twitter.com/DeFi4BTC

Telegram: http://t.me/SatoshiChain_Portal

Discord: https://discord.gg/t74zRMnp5v

Medium: https://medium.com/@satoshichain

Gitbook: https://satoshichain.gitbook.io/satoshi-chain/

Stay Decentralized!

Christopher Kuntz — SatoshiChain Co-founder

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SatoshiChain

SatoshiChain is an EVM-compatible blockchain that aims to complement the original Bitcoin cryptocurrency. https://satoshichain.net/