UTXO Stack Transitioning to Lightning Network Staking Layer and Plans to Launch Token Incentive Mechanism
Article is form Jinse
September 13, 2024
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Golden Finance reports that UTXO Stack has officially transitioned to a Lightning Network Staking Layer, providing better liquidity and a better yield model for the Lightning Network through its decentralized staking protocol. At the same time, UTXO Stack plans to launch a token incentive mechanism to encourage staking CKB and BTC to enhance the liquidity of state channels. This transition will push the Lightning Network toward mainstream adoption by providing liquidity incentives, building a more scalable Bitcoin ecosystem.
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