According to Foresight News, UTXO Stack announced its official transformation into the Lightning Network staking layer, providing better liquidity and profit models for the Lightning Network through a decentralized staking protocol.
UTXO Stack plans to launch a token incentive mechanism to encourage staking of CKB and BTC to enhance the liquidity of the state channel.
This transformation will bring the Lightning Network to the masses by providing liquidity incentives and build a more scalable Bitcoin ecosystem.
