X @Messari

Overview - BotanixLabs is introducing stBTC, a Bitcoin-backed token that generates native yield from real gas fees, aiming to utilize Bitcoin in DeFi [1] - The current state of Bitcoin shows that most of its $2 trillion+ market cap is idle and not generating yield in DeFi [1] stBTC Functionality - stBTC earns real BTC yield from usage, not inflation [1] - BotanixLabs, a Bitcoin-secured EVM L2, launched stBTC [1]