Botanix has introduced stBTC, a new product allowing users to stake Bitcoin and earn native BTC-denominated yields. Unlike traditional models relying on inflation or mining subsidies, stBTC distributes 50% of Botanix network's BTC transaction fees directly to stakers. The initial annual percentage yield (APY) could reach up to 30%. The genesis vault for stBTC will open on September 25. stBTC can be utilized in various DeFi applications, including lending and trading, with support for instant redemption.