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Stroom (-)

Protocols by TVL · bitcoin
Total value locked (TVL)
$19.84K

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Resolution
D W M Q Y
Time series limited to 30 days. Full history is available from the Plus plan.

Information

Stroom is an economically secured yield-bearing BTC protocol, designed to solve two major BTC bridge problems: counterparty risk and opportunity cost. strBTC (Stroom BTC) is a wrapped Bitcoin asset, 1:1 backed by Bitcoin, created by Stroom to provide both native BTC yield generation and economic security.

Methodology

TVL equals BTC reserves tracked on Bitcoin. We read the aggregated reserve value from Stroom's on-chain PoR oracle on Ethereum (denominated in satoshis), divide by 1e8 to get BTC, and report it as bitcoin (USD pricing from BTC).

Similar protocols

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