UTXO Stack Transforms to Lightning Network Pledge Layer and Plans to Launch Token Incentives

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Bitget2024/09/13 08:03

UTXO Stack has announced its official transition to the Lightning Network Pledge Layer, providing better liquidity and a better revenue model for the Lightning Network through a decentralized pledge protocol. At the same time UTXO Stack plans to introduce token incentives to incentivize pledging of CKBs and BTCs to enhance liquidity in the state channel. This transition will bring the Lightning Network to the masses by providing liquidity incentives to build a more scalable Bitcoin ecosystem.

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