I’d like to propose an idea to integrate Lightning Pool with Sovryn. What does the community think?
TL;DR - Lightning Pool allows Bitcoin holders to lend their funds to earn Bitcoin risk free into the lightning network. Sovryn can be source of liquidity, as well as a platform to trade yield instruments, akin to the treasury market.
I think this will be crucial to:
- support a bitcoin risk free yield curve
- bridge the layer-2 eco-systems and place Sovryn at the financial center
- differentiate and capitalize on a yield mechanism which likely cannot exist on opposing chains
- build a secondary market-place to sell channel-leases
I’ve created a google doc with preliminary, yet more detailed thoughts here: Sovyrn / Lightning Pool Integration - Google Docs
Feel free to add any comments or critiques. If people find this viable I am happy to assist in any non-technical manner.