Logo of Botanix stBTCBotanix stBTCDeprecated protocol
Total Value Locked$0

TVL by Chain

Botanix$0

Key Metrics

Fees (Annualized)$178,378.91
Cumulative Fees$141,237

Botanix$141,237

Cumulative Revenue$0
Cumulative Revenue by chain

Botanix$0

Total Raised$8.5m

May 7, 2024$8.5mRound: SeedInvestors: Polychain Capital, Valor Capital Group, ABCDE, Placeholder Capital, Andrew Kang, Fiskantes, Dan Held, The Crypto Dog, Charlie Spears, Altcoin Sherpa, Dovey Wan, Jebus, icebergy, Crypto ISO, Davis, Walt Smith, Domo

Protocol Information

Bitcoin stBTC is a staking protocol on Botanix's Spiderchain Layer 2, where users deposit BTC and receive stBTC, a token that increases in value based on network fee distributions

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees are 50% of the chain gas fees.View code on GitHubRevenue: No revenue for the protocol.View code on GitHub

Frequently Asked Questions

What is Botanix stBTC's TVL?

Botanix stBTC currently has $0 in total value locked.

What chains does Botanix stBTC operate on?

Botanix stBTC operates on Botanix.