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$SATS
SATS is an important tool for user participation in Bitcoin ecosystem speculation and liquidity.
1. As an "pricing/exchange medium" and "underlying asset for liquidity pools" within the ecosystem
· In some emerging Bitcoin Layer 2 and DeFi protocols, SATS are used as one side of trading pairs due to their high liquidity and consensus. For example, in certain DEXs that settle on Bitcoin, you can exchange SATS for other BRC-20 tokens or Ordinals NFTs.
· It is used as one of the underlying assets to provide liquidity and participate in AMM pools.
2. As a "voucher" or "fuel" for ecosystem participation and interaction
· Some new projects built on Bitcoin (such as certain Layer 2 networks, social applications, and games) will require holding SATS as a qualification for participating in airdrops, obtaining whitelists, or enjoying specific services.