Does Botanix’s failure prove Bitcoiners don’t care about DeFi?
The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over?
Auto Added by WPeMatico
The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over?
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
Michael Saylor says Bitcoin does not need staking or inflation, outlining a five-layer “Digital Asset Stack” that generates returns through credit and equity products built around BTC.
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline.
The billion-dollar TVL has been driven by massive yields on the DeFi aggregation platform.