The Botanix ecosystem supports Bitcoin-native DeFi through protocols like Rover, which enables liquid BTC staking, and Palladium, which allows users to mint a BTC-backed stablecoin through interest-free collateralized borrowing.
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Palladium, meanwhile, is launching as a CDP-style protocol, based on Liquity V1, where users can borrow a stablecoin, PUSD, interest-free, backed by BTC collateral. That opens up the kind of composable credit layer that has defined DeFi on Ethereum, but without introducing a non-Bitcoin collateral.
Rover enables liquid staking of BTC itself, with yields funded directly by network gas fees. Unstaking remains possible without delay.
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