Dossier
Botanix
Coverage of Botanix in the Nexus archive.
- Does Botanix’s failure prove Bitcoiners don’t care about DeFi?
The failure of Botanix suggests Bitcoiners prefer Ethereum-based DeFi over Bitcoin layer-2 solutions. The article questions how Bitcoin L2s can adapt to attract Bitcoin hodlers.
- Botanix Will Shut Down Bitcoin Layer-2 Network in July, Citing Lack of DeFi Demand
Botanix will shut down its Bitcoin-based layer-2 network in July due to low DeFi demand and has asked users to withdraw funds.
- Bitcoin Layer 2 Botanix to wind down network, urges users to withdraw assets
Botanix is shutting down its Bitcoin Layer 2 network after four years due to weak fee revenue and urging users to withdraw assets by July 9.