Lnfi Network, a DeFi platform on Bitcoin’s Lightning Network, 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 Network, described the platform as “next-gen peer-to-peer financial infrastructure built to empower Bitcoin-native assets that can be settled on Lightning.” Operational on mainnet since late 2023, Lnfi processes $20-30 million in day by day buying and selling quantity on its orderbook change, he stated.
RGB, developed by the LNP/BP Requirements Affiliation, makes use of off-chain sensible contracts appropriate with Lightning, supporting advanced monetary apps with out burdening Bitcoin’s blockchain. “RGB gives developers the power of off-chain smart contracts,” stated Maxim Orlovsky, RGB lead engineer. Lnfi helps Lightning-compatible requirements like Taproot Belongings, 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 standard bottleneck in atomic swap exchanges. Each person motion — deposits, withdrawals or orders — is shipped as an encrypted Nostr occasion. “Nostr’s encryption and transparency prevent order tampering or front-running,” Darius acknowledged. Orders are processed by Lnfi’s Nostr consumer, matched or posted to a decentralized order e book throughout relays, making certain scalability and reliability with two relays presently operational, he added. This setup prevents manipulative liquidations, as “every trade is collateralized” and trackable, not like centralized exchanges the place pretend liquidity can distort markets, Darius defined.
The mixing 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 gives RGB projects tools for real-world use, like high-volume trading,” 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 through the Ark Protocol, utilizing off-chain transactions for fast finality, Darius famous. Go to lnfi.community for more information.
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