Currencies33855
Market Cap$ 3.50T+1.31%
24h Spot Volume$ 39.85B+15.2%
DominanceBTC61.66%-0.21%ETH8.63%+1.51%
ETH Gas0.28 Gwei
Cryptorank
Open report modalReport issue
Stroom Network

Stroom Network  

109 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.

Trending Coins and Tokens Flame icon