Amboss Launches Rails: Revolutionizing Bitcoin Yield Services
Amboss, a pioneer in AI-driven solutions for the Bitcoin Lightning Network, has unveiled Rails, a groundbreaking self-custodial Bitcoin yield service. This new service aims to empower companies, custodians, and high net worth individuals to earn a yield on their Bitcoin while enhancing the Lightning Network’s capacity.
Rails introduces a secure method for Liquidity Providers (LPs) to retain custody of their Bitcoin while generating returns from liquidity leases and payment routing. This implementation, supported by Amboss’ AI technology, bolsters the Lightning Network, enabling more reliable transactions and increased payment volumes.
According to Amboss CEO and Co-Founder, Jesse Shrader, “Rails is a transformative force for the Lightning Network. It’s not just about yield—it’s about enabling businesses to strengthen the network while earning on their Bitcoin. This represents a crucial step in Bitcoin’s evolution as a global medium of exchange.”
This innovative service offers two options: the Rails LP, tailored for high net worth individuals, custodians, and companies with Bitcoin treasuries, with a minimum commitment of 1 BTC for one year, and liquidity subscriptions designed for businesses receiving Bitcoin payments, with fees starting at 0.5%.
Amboss has collaborated with CoinCorner and Flux to launch Rails. CoinCorner has integrated it into its exchange platform and daily payment services in the Isle of Man, while Flux, a joint venture between Axiom and CoinCorner, is focused on advancing the Lightning Network’s global payment presence. Their partnerships endorse the industry’s growing confidence in Rails as a tool to effectively scale Bitcoin.
David Boylan, CFO of CoinCorner, stated, “Rails provides a practical way for businesses like ours to engage with the Lightning Network’s growth. This structured approach to liquidity leasing and payment routing aligns with our mission to make Bitcoin more accessible and practical for everyday use.”
In conclusion, Amboss’ Rails is a game-changer in the crypto space, offering a secure and profitable way for users to earn Bitcoin yield while contributing to the expansion of the Lightning Network. This move marks a significant development in the evolution of Bitcoin as a mainstream medium of exchange.
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