If you are still holding ur BTC now why can't we make the most of your BTC? @BotanixLabs facilitates Bitcoin in and more bitcoin out. 🧵
🔹 Concept of stBTC It's a yield bearing token representing staked Bitcoin in the protocol. It is minted 1:1 when BTC is bridged from the Bitcoin mainnet to Botanix plus it is used to secure the spiderchain network. > Where do yields come from ? stBTC holders accrue yields paid in BTC through network gas fees ( 50% of the fees)n and can transfer/sell stBTC at any time. Withdrawal of BTC by burning stBTC is permissionless with no lockups.
🔹 How does it work? > Users bridge BTC to Botanix’s EVM to mint sBTC. > Orchestrator nodes, who stake their own BTC, validate transactions and secure the system. > Rewards are generated from network fees and distributed to stBTC holders. 📍 Security- Their staking system is built on the EIP-4626 tokenized vault standard and has been audited by Spearbit and Sigma Prime
🔹 Use cases They have some DeFi protocols ( like GMX) live on botanix labs with different strategies you can explore. early projections suggest yields of 20–50% APY with base of 6-8%
In short: Bridge your BTC → mint stBTC → earn yields. Secure, permissionless, and all in one ecosystem.
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