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FAQS

FAQ

What is UTXO Stack?

UTXO Stack is the first liquidity staking solution for the Lightning Network, utilizing innovative infrastructure such as Decentralized Liquidity Staking Pools (DLSP) and Hybrid Lightning Network to address key issues like insufficient liquidity and high entry barriers for users. Additionally, by integrating stablecoin support, UTXO Stack injects new vitality into the Bitcoin ecosystem.

What is the UTXO Stack Lightning Genesis Airdrop? What activities are included?

The UTXO Stack Lightning Genesis Airdrop is the first large-scale airdrop plan in the Lightning Network ecosystem, with 5% of the total token supply allocated for the airdrop.

The UTXO Stack airdrop plan includes the following three parts:

  • Lightning Airdrop: Airdrop for active Bitcoin holders and Lightning Network users.
  • User Incentive Program: Earn points by completing tasks, which can be exchanged for tokens in the future.
  • Liquidity Boost Program: Provide liquidity to the Hybrid Lightning Network and earn token rewards.

What is the Lightning Airdrop? How to participate in this phase?

Lightning Airdrop is a token distribution event designed for Bitcoin holders and active Lightning Network users. Tokens will be directly received through the Lightning Network.

How to participate:

  1. Hold a qualifying Bitcoin address. Please follow @UTXOStack on X  and partnership announcements for details.
  2. Eligible users will receive token allocations through the Lightning Network, experiencing the efficient airdrop model based on LN.
  3. Not started yet.

What is the User Incentive Program? How to participate in this phase?

This activity is expected to start in mid-January. The purpose of this phase is to familiarize users with the Lightning Network and encourage participation in its development. Users can accumulate points by completing tasks (such as opening a Lightning Network channel, making payments, or inviting friends), which can be exchanged for tokens in the future. Not started yet.

What is the Liquidity Boost Program? How to participate in this phase?

Liquidity Boost encourages users to provide liquidity for the Hybrid Lightning Network, supporting network operations and earning rewards.

How to participate: Users can stake CKB and RGB++ assets to provide liquidity. Not started yet.

How to receive the UTXO Stack airdrop?

Confirm that you meet any of the following conditions:

  1. Own a qualifying Bitcoin address and complete verification. Check official events and announcements for details.
  2. Participate in the User Incentive Program.
  3. Provide liquidity for the Hybrid Lightning Network.

How to get an invitation code?

  1. Join TG @UTXOStack , visit Invitation Code Zone: Get activity details and latest updates 
  2. Follow @UTXOStack , getting opportunities from partner projects

What is the value and purpose of the UTXO Stack token?

UTXO Stack will issue a utility token based on the RGB++ protocol, with the following main uses:

  • Early Incentives: Tokens will be used to incentivize nodes, liquidity providers, and overall network activities in the early stages.
  • Liquidity Staking: Nodes must stake a certain proportion of tokens to obtain liquidity from the pool.
  • Penalty Mechanism: If a node is found to be inactive, its liquidity will be forcibly withdrawn, and the staked tokens will be confiscated as a penalty.
  • Revenue Distribution: 80% of the transaction fee income of nodes will be returned to the liquidity pool and distributed as dividends to liquidity token holders.
  • Fee Allocation: The remaining 20% of transaction fees will be allocated proportionally, with 50% used as node income and the other 50% used for protocol revenue.
  • Asset Type Voting: Token holders can vote to decide which assets can enter the Decentralized Liquidity Staking Pool (DLSP).
  • Community Governance: Token holders can participate in community governance and provide suggestions and influence for future decisions.
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