Governance, vision and philosophy

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Willem Schroé, CEO of Botanix Labs, emphasized that the Botanix Layer 2 network for Bitcoin was launched with decentralization and user self-custody as its foundational principles, ensuring that no single party, including the development team, can access or control user funds.
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.

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