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The unstoppable bitcoin-native stablecoin

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The first credit-powered payment layer on Bitcoin | Live on Mainnet

3 min read3 days ago

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After months of testing, thousands of contributors, and tier-1 security audits, Palladium is now live on Botanix Mainnet as the first decentralized stablecoin fully powered by Bitcoin.

Palladium is bridging Bitcoin’s idle liquidity to the real-world utility of stablecoins — without relying on traditional banking infrastructure.

Launched as the flagship stablecoin on Botanix Mainnet, Palladium is deeply integrated across the BitcoinFi ecosystem. Users can mint $PUSD by depositing BTC, earn yield on their deposits through LSTs, and access immediate liquidity on their BTC without selling it.

🟡 Key Features of Palladium

0% Interest: Mint $PUSD stablecoins by depositing BTC, with just a one-time fee, and no recurring charges.

Hard Peg: PUSD is always redeemable for $1 of BTC, with dynamic base rates and algorithmic controls maintaining the peg.

AMO-Powered: All mechanisms are automated — no multisigs, no DAO votes, no central actors to alter stablecoin operations.

Censorship-Resistant: Open to anyone. No KYC, no gatekeepers. Just Bitcoin and code.

💸 yPUSD: Yield-bearing stablecoin for PUSD

Meet yPUSD — a yield-bearing version of $PUSD that lets users passively earn while staying liquid. Think of yPUSD as your $PUSD — supercharged. It grows in value over time as the system captures real protocol fees and LP yields.

When users deposit $PUSD into the native yield vault, they receive yPUSD in return. As the protocol captures fees and yield from Stability Vault operations and integrations, yPUSD appreciates relative to $PUSD, with no lockups, no extra steps.

🧠 Mainframe Override Has Begun

To mark the mainnet launch, we’ve activated Mainframe Override — a gamified, mission-based campaign built into the product.

Access is encrypted. 51,705 users who minted the Circuit Breaker’s final Ascension NFT have immediate access. Everyone else must obtain an invite code from these early participants.

Inside the Override, every action counts. Borrowing $PUSD, adding collateral, staking, and using integrations — all earn Bytes, the campaign’s reward system. As users climb the Ranks — from Cipher to Neo — they unlock multipliers, collectibles, and more.

👉 Learn how to earn Bytes, unlock Ranks, and breach the Mainframe

🔓 What’s Next?

This is an Alpha Mainnet — carefully staged, with early access controls and ecosystem-wide monitoring.

In the coming weeks, expect new integrations, deeper utility, and the full opening of Palladium to the broader BitcoinFi network.

A new stablecoin standard is here.
Not pegged to trust. Not backed by banks.
Just Bitcoin. On-chain. Uncensored.

The Override has begun. The future of stablecoins is Bitcoin-native.

🔗 Take back control

#MainframeOverride

Visit Our Website and Social Media Channels:

Website | Mainnet | X | Medium | Docs | Discord

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