NekoZ
NekoZ|Oct 02, 2025 04:52
The Genesis Vault expansion is another signal of the demand for what Botanix is building. The first stBTC vault filled in under 24 hours, and the cap now doubles to 100 BTC. What makes this important isn’t just the numbers, but the mechanics: Botanix is anchoring an EVM layer to Bitcoin through Spiderchain multisigs, creating a two-way peg for BTC that can flow into smart contracts without custodial trust. Each vault deposit represents collateral locked in those rotating multisigs, secured by orchestrator committees and tied back to Bitcoin’s base layer. This structure means yield isn’t synthetic, it’s backed by real BTC deposits in a system designed to scale from federation to full permissionless staking. Watching how fast these vaults fill is watching Bitcoin finance evolve in real time.(NekoZ)
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