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.
Frequently Asked Questions
What is Lombard?
Lombard is a Bitcoin infrastructure platform that enables BTC to become a productive onchain asset. Through its products like LBTC (liquid staked Bitcoin), curated vaults, and a DeFi marketplace, Lombard allows Bitcoin holders, institutions, and developers to earn yield, trade, and integrate BTC into decentralized finance across 12+ blockchains.
What is LBTC and how does it work?
LBTC is Lombard’s liquid staked Bitcoin token. Users stake BTC to mint LBTC, which earns a native Bitcoin yield while staying liquid for use in DeFi applications like lending, borrowing, and trading.
What are Lombard Vaults?
Lombard Vaults are curated, actively managed strategies designed by leading risk managers. They allow users to deposit BTC or LBTC into structured products that optimize yield while managing risk across multiple DeFi protocols.
How does cross-chain BTC work with Lombard?
Lombard is building a Cross-Chain Bitcoin primitive that enables BTC to move seamlessly across blockchains in both wrapped and staked forms. This unlocks liquidity for protocols on 12+ chains while keeping Bitcoin at the core of DeFi.
How does Lombard support DeFi developers?
Through the Lombard SDK, developers can embed native Bitcoin deposits, LBTC yield, and cross-chain integrations directly into their apps. This makes it easier to onboard users, build liquidity, and expand the Bitcoin DeFi ecosystem.
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