Botanix launched foundational Bitcoin-native DeFi products with its mainnet, including Palladium, a BTC-collateralized stablecoin, and Bitzy, a decentralized exchange committed to operating exclusively on the network.

Quotes that support claims

Several products that will form the basis of Botanix's Bitcoin DeFi (BTCFi) offering also debuted in conjunction the mainnet launch. These include BTC-backed stablecoin Palladium and decentralized exchange Bitzy.

It will also support apps including Arch, Bitzy, Palladium, and Rover, which are ‘committed to building exclusively on the network.’