The official event of satlayer @ satlayer has officially ended. I have participated in this event twice before, and the total number of participants was less than 300K. Those who rank high can be included in the public sales whitelist! Satrayer @ satlayer has been busy and has been doing a lot recently: one ⃣ Complete and OK community tasks https://web3. (okx.com)/zh-hans/giveaway/satlayer2 The task will end on July 2nd, with a total reward of 800000 satlayers two ⃣ BTC staking volume reaches a new high The total staking amount of Satrayer @ Satlayer platform has reached 350 million US dollars, with higher TVL indicating higher market value, an increase of 50M compared to last month three ⃣ Satrayer founder Lukex proposes a new perspective on BTC: rethinking stablecoins in the world of BTC valuation Although stablecoins have become the dominant payment mechanism for cryptocurrencies, a more subtle shift may be happening: Bitcoin will no longer just be a means of storing value, but will become a reference benchmark ① BTC as a benchmark, not just as collateral SatLayer co-founder Luke Xie proposed: "More and more institutions are starting to price Bitcoin as an asset, not just as a treasury collateral. If you are a sovereign wealth fund of a high inflation country, benchmarking BTC can help reduce the risk of US dollar fluctuations. You still use stablecoins for settlement, but the value unit is BTC ② What would happen to stablecoins if Bitcoin became the reference unit? In fact, on chain experiments like Ethena's USDe (supported by ETH and Delta hedging positions) have pointed to a hybrid stability model, where Bitcoin is a non sovereign benchmark with programmable logic and a stable settlement tool that can operate across jurisdictions without generating forex friction ③ From theory to trading This dual stack theory - BTC as the unit of account and stablecoins as the medium of exchange - is still in its infancy, but its momentum is increasing; The Lightning Network ecosystem is exploring synthetic stablecoins priced in Sats; sovereign miners, export companies, and even DeFi protocols are starting to settle in BTC instead of US dollars, which is not a return to the gold standard, but the rise of a programmable post sovereign ledger standard With the world tending towards tokenized real-world assets and programmable finance, the logic of separating benchmarks from settlements may not only be effective, but also inevitable! So, as the leader of the Bitcoin ecosystem, how much market share Satrayer @ satlayer can gain in the Bitcoin based stablecoin wave depends on Satrayer's determination!