Amboss launches Rails, a self-custody bitcoin yield product, on the Lightning Network
PANews reported on May 30 that, according to The Block, Amboss, a Bitcoin lightning network service provider, launched a self-custody yield product Rails, allowing users to obtain income by providing liquidity. There are two options for the product: Rails LP for corporate and high-net-worth users (minimum 1 BTC cliff for 1 year), and liquidity subscription for Bitcoin payment merchants (rates starting from 0.5%). Revenue sources include payment routing and liquidity leasing, but there is no guaranteed return.
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