Botanix Labs

2025年7月18日

Bitcoin City Quests Chapter 2 - Bitzy

Bitcoin City Quests Chapter 2 - Bitzy

The first partner quest comes from Palladium, a new Bitcoin-backed USD-pegged stablecoin. The second partner of Bitcoin City 2100 is Bitzy. Bitzy is not just a Bitcoin-DEX that runs on the Botanix Chain. It is a platform that, in addition to swaps and earning with LP (Liquidity Providing), offers functionality such as OTC and even creating own memes. Users can track all their activity on Bitzy in a useful Portfolio.

Botanix has opened Bitcoin City, a gamified virtual world where users learn by completing real Bitcoin-based tasks. In this city, each neighborhood represents a real DeFi application. Scattered throughout the city are quests that involve interacting with real DeFi applications. New participants will be joining every week. You can read more about this in the article "Bitcoin 2100: An Adventure in Bitcoin City".

The first partner quest comes from Palladium, a new Bitcoin-backed USD-pegged stablecoin. The second partner of Bitcoin City 2100 is Bitzy. Bitzy is not just a Bitcoin-DEX that runs on the Botanix Chain. It is a platform that, in addition to swaps and earning with LP (Liquidity Providing), offers functionality such as OTC and even creating own memes. Users can track all their activity on Bitzy in a useful Portfolio.

About Bitzy

Bitzy is a next-generation DEX built on the Botanix Chain, combining the automated market maker (AMM) models of Uniswap v2 and v3 with an integrated OTC trading desk. In practice, this gives traders flexibility: you can choose between classic liquidity pools or concentrated liquidity positions for more efficient swaps, and even execute large trades through OTC-style “social” trades with zero slippage. All of this operates in an EVM-compatible environment anchored by Bitcoin’s security (via Botanix’s Spiderchain technology), so you get the benefits of Ethereum-like DeFi while transacting with BTC at the core.

Key features of Bitzy include:

  • Hybrid AMM Model: A v2+v3 AMM protocol at its core, allowing both traditional pooled liquidity and Uniswap v3-style concentrated liquidity for optimal capital efficiency. Liquidity providers can earn fees on trades, with the option to fine-tune their price ranges for concentrated earnings (or use broad ranges for a v2-like experience).

  • OTC Trading Desk: A built-in OTC (over-the-counter) feature enables direct peer-to-peer trades with no slippage. This is ideal for large orders - instead of moving the market price in an AMM, Bitzy can match big trades through the OTC desk, providing a “social trading” experience where users can agree on price off-pool and swap seamlessly on-chain.

  • Bitcoin-Native and EVM-Compatible: Bitzy is deployed on Botanix, a Bitcoin layer-2, meaning all trades are ultimately secured by the Bitcoin network’s robustness. It’s EVM-compatible, so users interact with Bitzy via familiar wallets (e.g. MetaMask) and smart contracts, all while using Bitcoin liquidity. You can deposit and withdraw BTC through the Bitzy app’s portfolio interface, bridging value between Bitcoin and the Botanix Chain

  • No Permission Needed: Bitzy adheres to Bitcoin’s open ethos - anyone outside restricted regions can use it without KYC, simply by connecting a wallet. Keys remain in users’ control (Bitzy uses Privy for easy wallet onboarding without compromising self-custody). (Note: Due to regulatory constraints, U.S. and UK users are geofenced at this time.)

  • Expandability: Launch Your Own Tokens: Beyond trading existing assets, Bitzy even lets users create new tokens. Its “GMeme” module acts as a meme token launchpad, allowing Bitcoin enthusiasts to deploy their own meme coins or experimental tokens on Botanix with ease. This “create memes” feature adds a fun, community-driven twist to the DEX, turning Bitcoin into a playground for innovation and humor alike.

  • Security Audited: Security is a top priority at Bitzy. The smart contracts are undergoing professional audits (e.g. by security firm Bailsec) to ensure funds remain safe. Botanix’s decentralized Spiderchain design further means no centralized party controls your bridged BTC - trust is placed in code and decentralized operators.

Bitzy’s platform is already live on Botanix mainnet and growing rapidly. In fact, stablecoin liquidity on Bitzy has quickly surpassed half a million USD, reflecting strong early interest in Bitcoin DeFi trading. To kickstart engagement, the Bitzy team has rolled out some early user incentives. They recently hosted a trading competition with exclusive $BITZY NFT prizes for top BTC-USDC traders, and even awarded some NFTs randomly to active community traders. This is tied to Bitzy’s upcoming public points program, where users will earn loyalty points (dubbed “Bytes”) by swapping and providing liquidity. 

In addition, Bitzy also works with Palladium, a Bitcoin-backed USD-pegged stablecoin. The PUSD-USDC.e pool is running on Bitzy, and users can also get a 5x multiplier for PUSD staking. Users can get 100 bytes per day for every $ deposited into LP.

Bitzy Partner Quest

As part of Bitcoin City’s campaign, Bitzy offers two partner quests (challenge) for citizens. Completing each quest teaches a real DeFi action and earns on-chain rewards (satoshis). The quest from Bitzy involves creating a BTC-USDC pool for Liquidity Providing. 

Providing liquidity on decentralized exchanges (DEXs) allows users to contribute assets to liquidity pools and earn rewards for facilitating the trading process. In essence, liquidity is what gives life to decentralized exchanges. In return, Liquidity Providers earn rewards, usually from trading fees or incentives, depending on their share in the pool.

When users exchange tokens in an AMM pool, they’re swapping one token for another using the tokens already in the pool. The AMM uses a formula to automatically set the price based on how much of each token is in the pool. If someone swaps a lot of one token, the price changes to reflect that. This way, trades happen instantly without needing another person on the other side.

Let's take a look at how to do it:

  1. To begin, we suggest you visit Bitzy DEX to get familiar with the platform. As mentioned earlier, Bitzy is not just a DEX, but right now we're focusing on completing a very important task that will introduce you to what LP (Liquidity Providing) is and how it works. You can access it either via a direct link or through the Bitcoin City map.

  2. Next, in order to act as an LP (providing liquidity for a token pair) you need to have BTC and USDC.e on your wallet in the Botanix chain. The simplest way to get this at the moment is to bridge your BTC through the Botanix bridge and exchange it for USDC.e via Bitzy. This will give you both tokens needed for LP.

  3. Connect your wallet to Bitzy or log in via email. We recommend using OKX Wallet, which is a partner of the Bitcoin City 2100 program. During the wallet connection process, you'll need to approve a couple of signatures and agree to the terms of use.

  4. Navigate to the Earn section (or click link)

  5. Now you can provide liquidity for BTC+USDC.e through Bitzy’s simple and intuitive interface. You can either choose from the available pools or create your own.

The second quest is fairly straightforward and can be done during the first quest. For this you need to make a swap on Bitzy DEX. Swap minimum $100 (execute the transaction to complete a token exchange)

By completing these quests, players earn reward sats on Botanix and learn firsthand how a Bitcoin-backed stablecoin protocol works. Specifically it allows players to get 100 sats and 100 wheel spins (for the Satoshi Spin game) after completing partner quests and earning NFT. This all comes together to practice opening a collateralized loan and using a yield vault – two core DeFi actions – all within an engaging city-game narrative.

Follow Bitzy

Stay tuned to Bitzy’s channels for updates and help. Follow Bitzy on X (Twitter) and join the Bitzy Discord for the latest news, announcements, and support. These channels will share new quests, tutorials, and community tips as Palladium and Botanix roll out more gamified DeFi content

Join the New World Today!

As you get involved, follow Botanix on social media to stay up to date with news and tips. Keep an eye on our updates via X (Twitter) and Discord - campaign news, weekly leaderboards, upcoming events, development progress, and the countdown to mainnet launch. It’s also a great way to connect with other players - share strategies, ask questions, or team up to crack challenging puzzles together. Being part of the community will enrich your experience and help you stay in the loop with everything related to Bitcoin 2100 and Botanix.

And finally, remember the big picture: by joining Bitcoin 2100, you’re not just playing - you’re becoming an early participant in the next chapter of Bitcoin’s evolution. You’ll gain hands-on experience with innovations that once seemed out of reach: smart contracts, DeFi, NFTs - all now possible on Bitcoin. With the Botanix mainnet launch on the horizon, you’ll be a step ahead, armed with new knowledge and maybe even some extra BTC in your wallet.

So what are you waiting for? Take your first step into Bitcoin City, claim your VIP pass, and start your journey in Bitcoin 2100 today!