Stroom
About
Stroom Network is a Bitcoin liquid staking protocol that unlocks Bitcoin yield opportunities for BTC holders via the Lightning Network.
Users of Stroom Network can earn Lightning Network (LN) routing fees by depositing native BTC or WBTC into the network. In return, they receive minted stBTC on Ethereum. stBTC is a liquid staking derivative that accrues staking yield based on LN routing fees, providing a form of native BTC yield derived from BTC's utility as a payment method. Additionally, stBTC can be utilized across various DeFi platforms to earn extra yield.
Stakin is supporting the Stroom Network testnet phase by running a Stroom Validator. For more information about BTC staking or the Stroom Network, please feel free to reach out.
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For institutional investors, Stakin has partnered with leading custodian providers.
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