Comparison:
Stroom Network
Liquid Staking Protocol in Bitcoin Lightning Network
Details
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.
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Significant Events
Aug, 2023
Stroom Network raised $ 3.5 M in Seed round
