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Amboss, a pioneer in AI-powered solutions for the Bitcoin Lightning Network, has today unveiled Rails, an innovative self-custodial Bitcoin yield platform. As indicated in a press release distributed to Bitcoin Magazine, it aims to empower enterprises, custodians, and affluent individuals. This enables participants to accrue a yield on their Bitcoin.
Rails has also introduced a secure method for Liquidity Providers (LPs) to maintain complete control of their Bitcoin while earning returns from liquidity leasing and payment routing, though these returns are not guaranteed. With the integration of Amboss’ AI technology, Rails has enhanced their Lightning Network with more reliable transactions and increased payment volumes.
“Rails represents a revolutionary shift for the Lightning Network,” remarked the CEO and Co-Founder of Amboss, Jesse Shrader. “It’s not solely about yield—it’s about empowering businesses to reinforce the network while profiting on their Bitcoin. This is a vital progression in Bitcoin’s journey as a universal medium of exchange.”
The service provides two alternatives:
- Rails LP is intended for affluent individuals, custodians, and organizations holding Bitcoin reserves, necessitating a minimum investment of 1 BTC for a year.
- Liquidity subscriptions cater to businesses that accept Bitcoin payments, with fees beginning at 0.5%.
Amboss collaborated with CoinCorner and Flux (a partnership between Axiom and CoinCorner) to introduce Rails to the market. CoinCorner has integrated it into its exchange platform and daily payment solutions in the Isle of Man. Flux is jointly dedicated to promoting the Lightning Network’s role in global payments. Their involvement underscores the increasing industry confidence in Rails as a mechanism for scaling Bitcoin efficiently.
“Rails provides a practical avenue for businesses like ours to engage in the expansion of the Lightning Network,” stated the CFO of CoinCorner, David Boylan. “We’ve been utilizing the Lightning Network for years, and Rails offers a systematic approach to interacting with its ecosystem, especially through liquidity leasing and payment routing. This aligns with our aim of making Bitcoin more accessible and feasible for daily use.”
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