Lombard teams up with Botanix: LBTC lands on Bitcoin L2, ushering in the 'Spiderweb' DeFi era Lombard @Lombard_Finance announces a deep collaboration with Botanix Labs This isn’t just another cross-chain integration—it’s the first large-scale entry of Yield-bearing BTC (interest-earning Bitcoin) into an EVM-equivalent Bitcoin L2. Lombard is transforming Bitcoin into true DeFi productivity through Botanix’s Spiderchain technology. ■ The New Frontier for LBTC Botanix is currently one of the most talked-about players in the Bitcoin L2 space, with its core feature being EVM equivalence. ✅ For LBTC: This means Bitcoin assets from Lombard @Lombard_Finance can directly operate on Botanix using mature EVM protocols like Uniswap and Aave, without the need for redevelopment. ✅ For users: You can enjoy Bitcoin L1 security (via Spiderchain) while using LBTC to engage in high-frequency DeFi interactions, earning dual rewards (Staking + DeFi Yield). ■ The Security Logic of Spiderchain Decentralization: Unlike traditional centralized bridges, Spiderchain is managed by a multi-signature federation composed of randomly selected nodes. Security: It mirrors Bitcoin L1’s security onto L2. Through this network, Lombard @Lombard_Finance’s LBTC enters Botanix, retaining Bitcoin’s censorship resistance while gaining Ethereum-level programmability. Lombard is turning Bitcoin into Universal Collateral. Through its partnership with Botanix, Lombard has proven that LBTC can not only go to Ethereum but also return to Bitcoin’s own L2 ecosystem.