DePIN project LNT secures strategic investment from Waterdrip Capital and Paramita Capital

Techub News reports that the LNT project, dedicated to building a decentralized physical infrastructure (DePIN) for the Bitcoin Lightning Network, has announced a strategic investment from Waterdrip Capital and Paramita Capital. The raised funds will be used for the continuous research, development, and upgrading of underlying technologies to ensure the network's security, efficiency, and forward-looking capabilities; to accelerate the expansion of the global node network, aiming to add over 10,000 active nodes to the Lightning Network in the short term. This deployment will significantly enhance the network's decentralization and processing capacity, while also making comprehensive physical and protocol preparations for the future seamless integration of assets such as stablecoins (e.g., USDT) into the Lightning Network.

LNT aims to lower the barrier to entry for users participating in the Lightning Network by providing integrated hardware nodes and a user-friendly interface. LNT states that it is "the first non-BTC token to conduct large-scale stress testing on the Lightning Network; designed and operates the first token economic model to incentivize Lightning node operators; and has deployed nearly 2000 physical nodes globally, accounting for over 10% of the total nodes in the global Lightning Network, making it an indispensable infrastructure provider in the Lightning Network ecosystem."