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Stroom Network

  • LSD
  • Lightning Network Ecosystem
  • DeFi
Established Year
2022
Operating Status
Active
Ecosystem
Bitcoin
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.

Organisation

Financial Portfolio

Funding

Seed
5 Investors
$3.5 M

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