Lnfi Network, a DeFi platform on Bitcoin’s Lightning Community, has built-in the RGB Protocol, enabling scalable, programmable belongings on Bitcoin. Introduced alongside RGB’s mainnet launch, this enables builders and customers to commerce and handle RGB-based belongings utilizing Lnfi’s infrastructure.
Darius, co-founder of Lnfi Community, described the platform as “next-gen peer-to-peer monetary infrastructure constructed to empower Bitcoin-native belongings that may be settled on Lightning.” Operational on mainnet since late 2023, Lnfi processes $20-30 million in every day buying and selling quantity on its orderbook alternate, he stated.
RGB, developed by the LNP/BP Standards Association, makes use of off-chain good contracts appropriate with Lightning, supporting complicated monetary apps with out burdening Bitcoin’s blockchain. “RGB offers builders the ability of off-chain good contracts,” stated Maxim Orlovsky, RGB lead engineer. Lnfi helps Lightning-compatible requirements like Taproot Property, RGB, Lrc20, and Ark, catering to merchants, node operators, miners, and enterprise corporations, per Darius.
Lnfi leverages Nostr, a decentralized protocol, to reinforce transparency and decentralize the orderbook, a typical bottleneck in atomic swap exchanges. Each person motion — deposits, withdrawals or orders — is shipped as an encrypted Nostr occasion. “Nostr’s encryption and transparency forestall order tampering or front-running,” Darius acknowledged. Orders are processed by Lnfi’s Nostr consumer, matched or posted to a decentralized order ebook throughout relays, making certain scalability and reliability with two relays at present operational, he added. This setup prevents manipulative liquidations, as “each commerce is collateralized” and trackable, not like centralized exchanges the place faux liquidity can distort markets, Darius defined.
The combination aligns with RGB’s momentum, boosted by Tether’s deliberate USD₮ issuance on the protocol, which handles over 80% of stablecoin quantity with $150 billion in circulation. “This offers RGB initiatives instruments for real-world use, like high-volume buying and selling,” stated Luke, Lnfi co-founder. Lnfi’s work is supported by UTXO Administration, CMS Holdings and Wolf NYC (NYDIG), per Darius.
For self-custody buying and selling, Lnfi plans to implement settlements inside Lightning channels and by way of the Ark Protocol, utilizing off-chain transactions for fast finality, Darius famous. Go to lnfi.community for more information.
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