BTCfi Welcomes a Major New Player: Botanix Yesterday, @BotanixLabs launched its flagship product, stBTC, offering an initial yield of 34% APR. While short-term, the team’s long-term target is a sustainable 5-6% yield - a level that could drive massive BTC inflows. At the core of Botanix is Spiderchain, an innovative, fully native Bitcoin technology enabling trustless peg-in/peg-out transactions while keeping the network decentralized and secure. On Botanix, BTC is gas. Every transaction requires BTC, but unlike Ethereum L2s - where sequencers pocket the fees (Base: $87M, Arbitrum: $21M, per year) - Botanix distributes them: - 50% to Orchestrators (validators) - 50% to stBTC holders (delegators) This creates a sustainable model because validators stake BTC itself, not an inflationary governance token (like Stacks or Polygon). Gas fees become their main source of revenue, while stBTC holders earn directly from network usage. Currently, deposits are capped at 50 BTC (~$6M) to...
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