DeFiBearishCoinDesk · 3h ago6/10
💎
A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care
Botanix, a Bitcoin DeFi project, has shut down after failing to gain user traction despite launching on the Bitcoin network. The project's closure highlights a broader challenge facing decentralized finance applications: building products users actually want to adopt, even with novel blockchain infrastructure.
$BTC
