TL;DR
Botanix, the Bitcoin sidechain compatible with EVM, launched stBTC, a yield-bearing Bitcoin standard that allows users to earn income directly with their BTC.
The liquid staking token converts transaction fees on the network into yield for holders, providing a sustainable and transparent model without relying on inflationary issuance or speculative farming.
stBTC yield starts on September 18, while the Genesis Vault opens on September 25 at 10:00am ET, with a 50 BTC first-come-first-served cap. This mechanism rewards early participants with higher returns while maintaining deposit liquidity. Users can deposit BTC into audited contracts and receive liquid stBTC, whose BTC value grows as network activity increases.
The redistribution covers 50% of the network’s gas fees, turning BTC into a productive and composable asset for the DeFi ecosystem. stBTC holders can redeem their tokens at any time, retrieving their initial BTC plus accumulated yield. Initial projections estimate yields of 20–50% annually, stabilizing at 6–8% APY long-term, comparable to Ethereum staking but fully denominated in BTC.
The Genesis Vault allows users to secure participation without bonding periods, while stBTC can also be used as collateral or to generate additional yield within the ecosystem. The model strengthens network security, as staking contributes to Botanix’s decentralized consensus, built on the Proof-of-Stake Spiderchain architecture with 16 initial node operators, including Alchemy, Galaxy, and Fireblocks. Contracts follow the EIP-4626 standard and have been audited by Spearbit and Sigma Prime.
Since launch, Botanix’s TVL has grown to $13.8 million, a 91% increase in September, reflecting community interest in earning yield with BTC. For users, stBTC transforms Bitcoin from a passive asset into an active financial instrument, allowing yield generation, DeFi participation, and use as collateral without losing control.
Botanix works to democratize Bitcoin yield, returning a direct portion of network fees to holders and laying the foundation for a secure, liquid, and sustainable Bitcoin-native financial ecosystem
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