Bounce announces the issuance details of Bitcoin Layer2 project SatoshiVM, which will be distributed in two forms

Bounce has announced the issuance details of SatoshiVM token SAVM, a Bitcoin Layer2 project. The distribution will be carried out in two forms: random selection round and initial liquidity offering (ILO) round. The former will start at 8 o'clock on the 18th, while the latter can claim rewards generated from AMM LP transaction fees of SAVM. It is reported that SatoshiVM is a ZK Rollup Layer2 solution based on the Bitcoin chain, using BTC as native gas. Its testnet is now live.