Ask about StroomKey Metrics
Total Raised$3.5m
Aug 31, 2023$3.5mRound: SeedInvestors: Greenfield Capital, Lemniscap, No Limit Holdings, Cogitent Ventures, Mission Street Ventures, SMAPE Capital, Unicorn Factory Ventures
Protocol 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.
Category:Liquid Staking
Audits:
Methodology
TVL: 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).View code on GitHubCompetitors
Frequently Asked Questions
What is Stroom?
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.
What is Stroom's TVL?
Stroom currently has $16,363.74 in total value locked. TVL has increased 4.5% over the past 30 days.
What chains does Stroom operate on?
Stroom operates on Bitcoin. Bitcoin holds the largest share at 100%.
How does Stroom's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Stroom ranks #194 by TVL. The category holds $34.138b across 256 protocols, and Stroom accounts for <0.1% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.