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 1:1 ratio with bitcoin, enabling users to explore further yield opportunities across the Ethereum ecosystem, similarly to WBTC.

The funding will be used for team expansion and launching Bitcoin "liquid staking" on Lightning, including releasing a corresponding Ethereum-based wrapped token, lnBTC.

Stroom Network

Liquid Staking Protocol in Bitcoin Lightning Network

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