Botanix Launches stBTC, Allowing Users to Earn Native Yield with BTC

Foresight News reports that Bitcoin Layer 2 Botanix has announced the launch of stBTC, enabling users to put their Bitcoin (BTC) to use and earn direct Bitcoin yield without the need for tokens, inflation, or lock-up periods. By depositing BTC, users can obtain liquid stBTC, and as network transactions occur, 50% of the transaction fees will accumulate in Bitcoin form for stBTC holders. The launch of stBTC marks a shift for Bitcoin into a yield-generating asset, allowing users to redeem their BTC and earnings at any time.