TL;DR Litecoin has launched Wrapped Litecoin (WLTC) on the Ethereum network, enhancing interoperability and providing users access to Ethereum’s DeFi applications. WLTC allows Litecoin holders to participate in staking, lending, borrowing, and yield farming, previously inaccessible on the Litecoin blockchain. To ensure security, Coinut has partnered with Coinbase and Fireblocks, providing a...
source: https://crypto-economy.com/litecoin-launches-wrapped-token-wltc-users-now-have-access-to-ethereums-staking-lending-and-dapps/