SatoshiVM: SAVM token staking function has been launched

Odaily News Bitcoin Layer 2 project SatoshiVM announced that the token staking function is now online. Users can now bridge any asset on Ethereum to SAVM and pledge to earn BTC rewards. Officials stated that in order to make the staking system more stable, the minimum staking period is set to 14 days. Unstaking within the minimum period will result in a maximum 20% reduction (linear reduction) of the original staked amount, as well as the loss of all accumulated BTC rewards.