$1000SATS $1000SATS #ordi SATS has two meanings, and their application scenarios are different:

1. SATS (Satoshi) as a unit of measurement

This is the smallest unit of Bitcoin, 1 BTC = 100,000,000 SATS.

· Application: Mainly used for small payments, pricing, and lowering the understanding threshold for new users. It makes Bitcoin's payment function more precise, just like using "cents" to use "dollars." However, this is not the current hot topic of discussion in the ecosystem.

2. SATS as the SATS of the Ordinals protocol BRC-20 token

This is currently the hottest "SATS," officially called SATOSHI NAMIMOTO, a fungible token created in March 2023 on the Bitcoin chain according to the BRC-20 standard.

In the thriving Bitcoin ecosystem, SATS has already derived the following applications:

1. Trading and speculation

· This is the main and most direct application. On major exchanges supporting the Bitcoin ecosystem (such as Gate.io, OKX, Bybit) and decentralized trading platforms (such as Unisat, Magic Eden), SATS is one of the most traded BRC-20 tokens and an important tool for users to participate in Bitcoin ecosystem speculation and liquidity.

2. As a "pricing/exchange medium" and "liquidity pool base asset" within the ecosystem

· In some emerging Bitcoin Layer 2 and DeFi protocols, SATS, due to its high liquidity and consensus, has started to be used as one side of trading pairs. For example, in some DEXs that use Bitcoin as the settlement layer, you can exchange SATS for other BRC-20 tokens or Ordinals NFTs.

· It is used as one of the base assets providing liquidity, participating in AMM pools.

3. As a "credential" or "fuel" for participation and interaction in the ecosystem

· Some new projects built on Bitcoin (such as certain Layer 2 networks, social applications, games) will consider holding SATS as a credential for participating in airdrops, obtaining whitelist spots, or enjoying specific services.