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Botanix Labs Unveils stBTC: Bitcoin Yield from Network Fees Hits 34% APR

Botanix Labs, the Harvard-founded Bitcoin Layer 2, launches stBTC—a 1:1 BTC-backed token redistributing 50% of network fees as yield, audited by Spearbit and Sigma Prime for EVM compatibility.

Botanix Launches Federated Sidechain with 16 Members On Testnet

Botanix launches a decentralized Bitcoin sidechain on testnet with a 16-node federation, using the Spiderchain protocol for EVM-compatible dApps. Mainnet set for Q3 2025.

Spiderchains: A Proof Of Stake Second Layer for Bitcoin

Botanix Labs has designed a mechanism for governing a two-way pegged Bitcoin sidechain system with proof-of-stake collateralized with BTC.
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