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Lending on Litecoin

For years, Litecoin has been one of the biggest coins in crypto by market cap and adoption, yet holders never had a way to put their LTC to use. With the ETH etfs inflow we can see that institutions care a lot about staking. A layer 2 called LitVM is launching soon and it will bring the possibility to stake and lend litecoin which is HUGE. For the first time, 7 million LTC holders will be able to access:

  • On-chain rewards through staking and lending protocols,
  • Cross-chain yield by moving stablecoins and assets between Ethereum, Bitcoin, and Litecoin seamlessly,
  • New opportunities from early dApps, DeFi platforms, and even meme coins launching on LitVM,

LitVM will enable a full ecosystem to be built on top of the Litecoin Mainnet. I can see a lot of liquidity flowing in once this gets traction. Ill leave a link below to their links.

https://linktr.ee/LitVM

submitted by /u/Left_Yam_9963
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