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