PegaSys Network
Last updated
Last updated
PegaSys’s principle vision is to allow Bitcoin holders to earn native yield on their capital in a passive, non-custodial manner. We aim to achieve this by building a distributed system which aggregates liquidity from depositors, provisions it to the Lightning Network in numerous ways, and distributes the accrued fees back to our depositors. By using idle Bitcoin to enable cheaper (less “hops”) and higher value (more channel capacity) transactions on Lightning, in addition to providing native yield to depositors, PegaSys is mutually beneficial to Bitcoin and Lightning users. From the user's perspective, it should be as simple as going to our web app, depositing some amount of BTC into our system, tracking their earnings in real time, and being able to withdraw their funds at will.