UTXO Stack Announces Transformation to Lightning Network Staking Layer and Plans to Launch Token Incentive Mechanism
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September 13, 2024
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Mars Finance News: UTXO Stack Transforms into Lightning Network Staking Layer
On September 13th, according to official announcements, UTXO Stack has officially transitioned into a Lightning Network staking layer. This move introduces a decentralized staking protocol to enhance liquidity and provide improved yield models for the Lightning Network.
Simultaneously, UTXO Stack plans to launch a token incentive mechanism to incentivize staking CKB and BTC, boosting the liquidity of state channels. This transformation aims to push the Lightning Network towards mass adoption by offering liquidity incentives and building a more scalable Bitcoin ecosystem.
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