Bridging between Base and Runes
Last updated
Last updated
Runes are fungible tokens issued directly on Bitcoin using the Runes protocol. Ordinals creator Casey Rodarmor proposed the new protocol in September 2023, pitching it as a better and simpler alternative to the experimental BRC-20 standard for fungible tokens.
$SATS will become the first memecoin on Base allowing users to bridge their coins to the bitcoin network by using the Runes Protocol. As Satoshi is the known pseudonymous creator of Bitcoin, allowing $SATS to integrate into the Bitcoin memecoin ecosystem will attract a whole new demographic of users in the crypto space to our project. By combining the blooming ecosystem of base memecoins and the new standard for bitcoin memecoins, $SATS is bound to thrive.
As we approach launch more information will be revealed with a detailed video showing users step-by-step how to bridge their tokens. Users will be able to bridge their $SATS tokens to Runes by burning their existing tokens on the Base ecosystem and minting out $SATS on Runes Protocol at a ratio of 1:1. The team has put liquidity aside to make sure the ecosystem is balanced and that there will be no sell-pressure on either chain.