Staked some BTC at @BotanixLabs
Thesis is simple.
BTCfi is now an established narrative with recent launches like Lombard actually did well.
Botanix could be next imo.
What’s cool is that their yield doesn’t come from printed tokens, inflationary rewards, or random points.
It comes straight from real network activity and Bitcoin gas fees. Basically, your BTC actually grows from yield.
While it's fully usable in DeFi. You can run stBTC on GMX perps, lend on Dolomite, or provide liquidity on Dexes.
Yields are pretty crazy right now, around 34% APR with over 50 BTC staked.
They raised $8.5M from T1s like Polychain and are still tokenless, so there’s a potential airdrop upside on top of the juicy yield.
I bridged USDC into Botanix via Stargate, swapped USDC to BTC on Arch DEX, and staked BTC for stBTC.
Video guide attached below.
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