🔔 @botanix Bitcoin L2 shuts down - withdraw assets by July 9 ! Botanix Labs is winding down its Bitcoin Layer 2 network after nearly four years. The team cited weak demand for Bitcoin-native DeFi, insufficient fee revenue, and user preference for WBTC on Ethereum. "It did not work - at least not in this market and not on this timeline," the team wrote. All assets must be withdrawn before July 9, 2026 - after that, remaining funds will be unrecoverable.
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