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DominanceBTC56.30%+0.16%ETH10.11%+0.13%
ETH Gas0.05 Gwei
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Stroom Network

Stroom Network  

108 Watchlists

DeFi

Status

General Info

Funds and Backers

Description

Stroom Network is a liquid staking protocol for Bitcoin's Lightning Network.

What is Stroom Network?

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.