� Token Swap - 12th August
� HODL Bar Launch - 19th August
� Margin Dex Beta (new date) - 2nd September
� 15% token re-lock
� 780,000,000,000 new token supply
� Everyone gets the same token amounts airdropped

Hey gang,

This is our regular update where we drop the latest news on different aspects of SatoshiSwap - development, marketing, milestones, stuff happening in the pipeline and more.

Withdraw Your SatoshiSwap Tokens From The Staking Pools

Ahead of next month's token swap (see here), we are asking everyone who has not yet withdrawn their tokens from our staking pools to please do so now! You have approximately 2 weeks to do so. For quick reference, the two different staking pools we ran are here:

https://staking.satoshiswap.net (first)

https://stakingnew.satoshiswap.net (second)

We recommend withdrawing using Metamask on a desktop computer using the Google chrome browser.

Please note - if you do not withdraw your staked tokens in the next 2 weeks you will not automatically receive the new version of the SatoshiSwap token. If the deadline is missed you will instead need to go through a manual process at a later date to get the new SatoshiSwap token. Everyone will get the new SatoshiSwap token regardless of whether their tokens are in the staking pools or not, but you'll make it easier for yourself and receive them instantly if you are NOT in a staking pool.

$50,000 Staking Pool Rewards

When the HODL Bar launches on 19th August, there will be $50,000 worth of USDC rewards up for grabs, which will be distributed to staking participants. As these rewards are in the form of the USDC stablecoin, this won't involve any selling pressure. More details about the time-locking requirements of the HODL bar will be released next week, as it has some subtle improvements compared to our previous staking platforms.

SSB Community Rewards

Next week we will begin trialing an early first version of SSB community rewards, to entice and reward individuals for contributing content in the SSB community! A large portion of our community has been dormant for some time and this is our first step towards re-awakening and energising SSB. This will be a simplistic system at first, to trial it's effectiveness and then over time we will seek to refine and improve it depending on the outcome. Stay tuned for the precise details over the coming days, which will be broadcast across all of the SSB socials.

Thank you for your support. Whilst you HODL we will BUIDL.

SatoshiSwap.net

twitter.com/SatoshiSwapHQ

Telegram: at SatoshiSwapOfficial

Hey gang,

This is our regular update where we drop the latest news on different aspects of SatoshiSwap - development, marketing, milestones, stuff happening in the pipeline and more.

Today we are revealing an updated timeline of events

Token Swap - 12th August (3 weeks time)

HODL Bar Launch - 19th August (4 weeks time)

Margin Dex Beta - 2nd September (6 weeks time)

Yes, this is the news you didn’t want to hear - the margin dex beta release has been postponed to 2nd of September. To soften the blow we will launch the HODL bar on the19th of August, which is our new permanently running staking platform. There are very good reasons for this.

Now that the preliminary injunction for SatoshiStreetBets has been ruled in our favour, I am at last in a position where I can reveal this case has been a ridiculous tax on my time and resources. I have fought extremely hard to win this case, not just for justice but also for our token holders and I have had to repeatedly prioritize it above all else to ensure we gained this crucial victory. I now have a very long period of breathing room where I can focus 100% on leading SatoshiSwap without having to compile yet more evidence or have another lawyer’s meeting. Now that all the bad actors are being cleared out across social media and the brand is unified to the good guys (that’s us), we will also be able to really capitalize on having a globally recognized cryptocurrency brand underpinning our project with no dilution with shady characters. I'm sure some percentage of people will read this and think "so what, I just want the margin dex", but seriously... we had to win this.

A realistic date for the token swap is the 12th of August and this is necessary for the margin dex to be released. This token swap is what will enable us to deliver the rewards contracts we’ve been working so hard on and have kept improving.

Nailing down all aspects of the multi-chain architecture has, quite honestly, simply taken more time than we expected. It was ambitious and now we've almost done it, but it's definitely taken a lot more effort than we first realized.

DeFi moves fast and you have to constantly stay ahead. We’ve taken steps now to ensure when we launch we’re the next evolution and have unique features that no other comparable platform has. Announcing what these are now would be foolish, but we think token holders will be very pleased with the concepts

Marketing Plan

We are very close now to successfully unifying control of SatoshiStreetBets accounts across the major social media platforms and shutting down the fakes. This at last will enable us to do prolonged, effective paid marketing of our globally recognized brand without pushing valuable traffic to confusing copycats using our name without permission. This will begin in August. We did paid promotion of SatoshiStreetBets shortly before it gained a lot of news coverage last year, so historically we’ve gotten very good results from it. The majority of our SatoshiSwap audience was gained from SatoshiStreetBets cross-promotion.

We have designed a comprehensive referral program built directly into our smart contracts, to reward people who refer traders to our leverage trading platform

The key to success is to get a small number of people simply using the platform. Once that happens, fees start being generated, which creates an APY, which attracts more people and from there it will grow. Where DeFi projects normally fall down (even successful ones like DyDX) is by having rewards that are too high and it harms the investors. Trust us to get this right - it’s one of a few things we’ve really been studying hard.

So with number 3 in mind, we will have initial trading rewards designed to encourage usage of the platform and these will be paid out from our raised presale funds (dollars)

We have approximately 35,000 people who has signed up to our email newsletter since last year with an interest in the SatoshiSwap trading platform and we expect to gain initial users from this list, as well as the rest of the SatoshiStreetBets community

We will of course, do the obvious advertising such as influencers and general paid promoting of SatoshiSwap.

New SatoshiSwap Token Parameters And Other Details

Existing token - 1,000,000,000,000 total supply

New Token - 780,000,000,000 total supply

Everyone gets the same amount of token as before

Liquidity will be increased

The new tokens will be air dropped to you on 12th August, and at the same time your current tokens will be paused. You don't need to do anything or worry about anything. PancakeSwap trading will stop for the current token just before the new token is air dropped, so even if a new person buys they don't have to worry.

Re-locking of locked tokens

After lots of internal discussions it's been agreed that 150,000,000,000 tokens (15%) are committed to being re-locked for an additional 6 months. Please note - over the last 6 months almost none of the unlocked team tokens have been sold which you can verify on the block chain.

Thank you for your support. Whilst you HODL we will BUIDL.

SatoshiSwap.net

twitter.com/SatoshiSwapHQ

/SatoshiSwapOfficial

A New York court has ruled that a US-based podcaster and a pair of crypto traders must stop using a Satoshi Nakamoto-inspired name on any of their products or media properties because a UK-based Redditor got there first.

As reported by Law360, back in October, businessmen Kyle Bongers and Blake Starling started selling a cryptocurrency called “$SSB,” promoting it across a number of Telegram groups, including SatoshiStreetbets, SatoshiStreetbetsAnnouncements, and SSBTokenOfficial.

However, British businessman David Gilbert claimed that these group names were ripping off his SatoshiStreetBets subreddit — itself heavily indebted to the WallStreetBets subreddit — that’s been running since February 2020 and has amassed more than 600,000 members.

Gilbert runs a company called Diamond Hands Consulting but earlier this year started to sell crypto — specifically a currency he called SatoshiSwap — in an effort to monetize his massive social media following.

And in a remote hearing earlier this week, Judge Ronnie Abrams approved Gilbert’s request for a preliminary injunction that will block Bongers and Blake from piggybacking on SatoshiStreetBets’ success.

However, the final decision on all SatoshiStreetBets trademark applications will have to go through the Trademark Trial and Appeal Board.

The injunction also applies to podcaster Noah Kazlow who used to work with Bongers and Starling but struck out on his own to launch the Satoshi Street Bets Podcast.

Speaking at the hearing, Judge Abrams said: “Plaintiff has established its consistent and long-standing use of the mark in commerce since before any other known user of the mark,” (our emphasis).

“The cryptocurrency space is full of interesting characters,” added a member of Gilbert’s legal team.

“We look at Starling and Bongers as two fraudsters who saw an opportunity to take someone else’s name. … We think that they’ve probably made millions of dollars doing that,” (via Law360).

The US is a ‘first to use’ country not ‘a first to file’ country
Kazlow argued that he should be allowed to continue to use the name due to the fact that he filed to trademark the name back in February 2021 – six months before Gilbert. However as Gilbert’s lawyers pointed out, in the US, it’s not who files first but who uses first.

They also added that Gilbert had applied for a trademark in the UK before Kazlow made his own attempt.

During the hearing, Bongers and Starling tried to delay the judge’s decision, arguing that the issue is far from clear.

However, Gilbert’s team hit back, pointing out that any decision from the Trademark Trial and Appeal Board could take years and that the board would likely “suspend the matter, pending the results of what this court decides.”

Read more: Craig Wright’s $68B Bitcoin dispute has both sides claiming he’s Satoshi Nakamoto

One major point that could have a bearing on the final outcome of the case is whether or not a subreddit can be classed in the same way as a business. If it transpires that it can’t, Krazow claims, he would be the first to use the mark commercially.

https://protos.com/satoshistreetbets-redditor-wins-battle-over-satoshi-inspired-crypto-name/


Cc lalasticlala

Hey gang,

This is our regular update where we drop the latest news on different aspects of SatoshiSwap - development, marketing, milestones, stuff happening in the pipeline and more.

Token Swap

For compatibility with our upcoming margin dex release, there will be a token swap of all existing SatoshiSwap tokens to a new smart contract address.

You don't need to do anything, this is an automatic process. The full details will be in next week's update

This is a 1:1 swap and everyone will receive exactly the same amount of tokens that they currently have.

No extra allocations are being created for anyone

Liquidity Increase

We will be significantly increasing USD liquidity by injecting more funds into the liquidity pool. This will be done as a surprise announcement.

Benefits In A Nutshell

Approximately a 15% reduction in the immediate total supply. Read more about this below

Enables us to simplify our multi-chain approach

Enables us to deploy a far superior trustless staking rewards contract (it was a recent code review of our upcoming rewards system that brought us to this conclusion)

Enables us to "future proof" certain aspects of the token so we have easy future compatibility with other DeFi products that are built by us in the future

Basically, it helps us do our job better and will result in a superior platform.

When Is The Token Swap Happening

All of the precise details will be released in next week's Friday's update. This is a pre-announcement of sorts, so it's not a complete shock.

What If I Buy SatoshiSwap Now, Tomorrow Or If I Bought It 5 Minutes Ago?

It doesn't matter when you buy it or when you bought it. Everything is handled automatically by us.

As per the landing page of our website, the SatoshiSwap ecosystem fund currently contains 15% of the total supply of SatoshiSwap. The intention of this fund is for it to be used for liquidity rewards to incentivise certain actions with the margin dex ecosystem (in DeFi, liquidity is king). The new token will no longer have this 15%, thus immediately bringing the total supply down by 15%. Instead, the new token will gradually release this 15% algorithmically over the next 12 months approximately, in accordance with the formula coded in the smart contract. To be clear, these tokens go to participants within the SatoshiSwap ecosystem and do not go to the team or anyone lurking in the shadows in the background.

So in summary - immediate coin supply reduction of 15%. Gradually replenished over the next 12 months according to the code algorithm. Beyond that, no emissions.

General Notes About The Future

The upcoming new SatoshiSwap token won't allow us to do a swap like this, as it won't have a pause function. And in the margin dex smart contracts themselves, upgradeability will limited and secured behind a time-locked, multi-sigged smart contract.

There will be a permanently running staking pool being deployed soon. Later in the year this will form the basis of future governance of the project.

Any currently locked tokens will remain locked on the new token

SatoshiStreetBets Brand

Instagram have transferred us ownership of the "@SatoshiStreetBets" account, recognizing us as the genuine and original SSB

TikTok have shut down the "@SatoshiStreetBets" account upon our request and we are in talks to get it transferred to us

Telegram is a work in progress and we will share an update on this soon. Note our Telegram username is "@SatoshiStreetBetsOriginal". A bad actor is currently squatting on the "@SatoshiStreetBets" handle.

We successfully blocked a bad actor from registering a US trademark for SatoshiStreetBets

Re-energising and unifying our SatoshiStreetBets brand will be a key part of our marketing strategy in the months ahead and these are important first foundational steps to help us mazimize our efforts. The glory days of SatoshiStreetBets will be coming back!

Margin Dex

Next week's update will be all about the margin dex and will include our marketing strategy.

Satoshiswap is a margin trading dex for traders, with satoshiswap you can long and short crypto and make some profit.

Satoshiswap is founded by the popular satoshistreetbets on reddit

Beta launch is on the 27th of July 2022.

YouTube video preview of the platform


https://www.youtube.com/watch?v=1vDdjE7igLU

Features of the trading dex platform

� up to 50x leverage now possible
� Abritrum layer 2 scaling solution for Ethereum is integrated into the platform for cheaper trades
�Multi-Chain dex

How to buy?

Contract address: 0x2F917C9f6BB4186E57841f5747FCc3fEdf026b35

Website: satoshiswap.net
Tg:SatoshiSwapOfficial

I just wanna introduce Satoshiswap.

Satoshiswap is a decentralised and permissionless margin trading platform for longing and shorting crypto.

Satoshiswap raised about $2.9m during its ICO in February, so there is enough money for marketing, which hasn't even started.

Satoshiswap is founded by satoshistreetbets, yes, the popular satoshistreetbets on reddit that made safemoon very popular.

The beta launch of the platform is on the 27th of July 2022.

Satoshiswap demo:

https://www.youtube.com/watch?v=1vDdjE7igLU

Website:satoshiswap.net
Tg: SatoshiSwapOfficial
Twitter:SatoshiswapHq