Botanix Labs Shuts Down Its Bitcoin Layer 2 After Four Years, Citing Weak DeFi Demand

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Botanix announced it will shut down its Bitcoin Layer 2 network on July 9 and urges users to withdraw their funds before that date. The project processed 25 million transactions across 200,000 wallets during its operations, but fee revenue proved insufficient.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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