FAQ

Last updated: October 4, 2024

What is a BVS?

BVS stands for Bitcoin Validated Service. A BVS is any decentralized application which consumes Bitcoin security by settling on top of Satlayer. Read more details on the different roles in SatLayer Architecture.

Can users send receipt tokens to other wallets or contracts?

Yes, users can send receipt tokens to other wallets and/or contracts. Staking these receipt tokens on SatLayer would allow users to earn Sats².

Which networks does SatLayer currently support?

We currently support Ethereum, BNB Chain and Bitlayer.

Which wallets are supported on SatLayer?

You can connect popular Ethereum and Bitcoin compatible wallets such as Metamask, OKX Wellet, Trust Wallet, or use WalletConnect to deposit your tokens.

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