Private beta — expect errors and inaccuracies
QooryBeta
Stroom Network

Stroom Network

Project

Liquid Staking Protocol in Bitcoin Lightning Network

lightning-networkLightning Network EcosystemDeFiLSD

About

Stroom Network is a liquid staking protocol for Bitcoin's Lightning Network. By depositing bitcoin on Lightning, users can earn routing fees from payments made on the network. Simultaneously, Stroom issues a wrapped bitcoin token, lnBTC, on Ethereum, pegged at a : ratio with bitcoin, enabling users to explore further yield opportunities across the Ethereum ecosystem, similarly to WBTC. Tags: DeFi LSD Lightning Network Ecosystem Ecosystem(): Bitcoin Founded: