Lombard
Connecting Bitcoin to every chain, DeFi protocol and yield opportunity.
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About
Lombard is a decentralized finance (DeFi) protocol dedicated to enhancing Bitcoin's utility by integrating it into the DeFi ecosystem. Through its flagship product, LBTC, a liquid staked Bitcoin token built on top of Babylon, Lombard enables Bitcoin holders to earn yields and participate in various DeFi opportunities without relinquishing control of their assets.
Key Features
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LBTC (Liquid Staked Bitcoin)
LBTC allows users to stake their Bitcoin and receive a liquid token that can be utilized across multiple DeFi platforms, effectively unlocking the value of their holdings while earning staking rewards. -
DeFi Vaults
Lombard offers automated yield management solutions, such as the Lombard DeFi Vault and the Bitcoin Bera Vault, which strategically allocate deposits across various DeFi protocols to maximize BTC-denominated returns. -
Lux & Luminary Program
This initiative rewards users for engaging with the Lombard ecosystem, offering incentives like Lux points for staking BTC, holding LBTC, and participating in special events, thereby fostering community involvement.