UTXO Stack transforms into a Lightning Network staking layer and plans to launch a token incentive mechanism
UTXO Stack announced the official transformation to the Lightning Network staking layer, providing better liquidity and a better revenue model for the Lightning Network through a decentralized staking protocol. At the same time, UTXO Stack plans to launch a token incentive mechanism to incentivize staking CKB and BTC to enhance the liquidity of state channels. This transformation will bring the Lightning Network to the masses by providing liquidity incentives to build a more scalable Bitcoin ecosystem.