Botanix's testnet, known as Aragog, introduced various tools that will form the basis of its decentralized finance (DeFi) offering: BTC-backed stablecoin Palladium, decentralized exchange Bitzy and lending and borrowing market Spindle.
Quote
Sources
Galaxy, Fireblocks to Operate Nodes on Bitcoin Layer-2 Botanix
Referenced by
The Aragog testnet deployed by Botanix introduced the foundational tools for its DeFi ecosystem, including a BTC-backed stablecoin, decentralized exchange, and lending protocol.
Crypto news
Claim
