Amboss Launches Rails: Earn Yield on Bitcoin and Enhance Lightning Network Utility
Bitcoin.com
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Amboss Launches Rails: Earn Yield on Bitcoin and Enhance Lightning Network Utility
Amboss, a solutions provider for the Bitcoin Lightning Network, has launched Rails, a self-custodial bitcoin service aimed at enhancing asset utility for companies, custodians, and high net worth individuals.
Rails allows participants, referred to as Liquidity Providers (LPs), to maintain full custody of their bitcoin while generating returns through payment routing and liquidity leases, thereby contributing to the performance and scalability of the Lightning Network.
This initiative marks a significant advancement in creating decentralized and reliable payment infrastructure for the bitcoin ecosystem. Rails offers structured yield opportunities for participants, requiring a minimum commitment of 1 bitcoin for at least one year, while also providing cost-effective solutions for businesses receiving bitcoin payments.
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