SATS $1000SATS is a BRC-20 token that the anonymous founding team says was created to pay homage to Satoshi. SATS is the abbreviation for satoshi, the smallest unit of Bitcoin.
#Write2Win #1000SAT #memecoin🚀🚀🚀
One satoshi is equal to 0.00000001 BTC. The code on Binance is 1000SATS which means 1000 times SATS.
SATS, initially promoted as one of the first meme coins on the Bitcoin blockchain, now allows the creation and transfer of BRC-20 standard tokens pegged to BTC units, known as satoshis.
In just a short time, this coin has gathered a large community of fans. Additionally, it allows users to issue fungible tokens by writing specific files to satoshis.
With the expansion of the SATS community, UniSat - the largest wallet developer in the BRC-20 ecosystem also shows interest in this token. (UniSat Wallet is a Chrome plug-in wallet for the Bitcoin ecosystem, helping users store, mint and transfer BRC-20 tokens including buying and selling BTC, NFTs, domains,...).
On October 16, 2023, UniSat announced the use of SATS tokens as gas fees for its new product BRC20 - Swap. Each user trading on BRC20 - Swap will be charged a fee of 0.3%, of which approximately 1/6 (0.05%) of this fee will be collected by UniSat and the remaining 5/6 ~0.25% will be allocated to Liquidity Providers ( LP) provides liquidity on BRC20 - Swap.
