FAQ
Frequently Asked Questions
Last updated
Frequently Asked Questions
Last updated
Spindle Finance is a strategic partner of Botanix Labs. Our dapp will be available from day one upon the launch of the Botanix mainnet.
The Botanix mainnet launch date has not been formally announced, but is expected for Q3-Q4 2024.
Botanix is a Bitcoin Layer 2 network, powered by a novel approach to creating a secure, decentralized layer 2 bridging mechanism. The properties of this mechanism lends the network its other moniker, the Spiderchain.
Botanix documentation, including how to bridge from Bitcoin to Botanix, can be found at . Technical details explaining the Spiderchain and the bridging mechanism from Bitcoin can be found in their .
Spindle Finance will not have a token immediately upon launch. Our token will be launched after our points program concludes, tentatively 3-6 months after the protocol's mainnet launch.
A points program rewards users with points, an offchain representation of a user's participation in the protocol. Spindle Finance's points program will reward users first and foremost for using our protocol, as well as social participation and on-chain interaction with our protocol and our partner protocols.
Our points program is live. Users can begin earning points for social tasks now. Visit our to learn more.
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