Lombard Staked BTC (LBTC)

Upcoming catalysts for @Lombard_Finance in Q1:

→ @babylonlabs_io Phase 2 cap increases

• Babylon Protocol currently has $5.71B TVL with periodic cap increases.
• As caps expand, $LBTC's underlying yield (currently 0.41% APY) is expected to increase to 1-2% range (additional security-sharing rewards).

→ New mainnet launches – Monad is loading

→ @stable partnership

• BTC.b as the canonical BTC for Stable Protocol
• Stablecoin liquidity powered by Bitcoin
• Market-beating USDT0 borrow rates
• 21-day Lux Campaign for early adopters

PS: Get 10% more Lux points on Lombard ↓
https://t.co/2YlKOBu1ry

Most crowded places for $LBTC.

My recent DeFi journey marks the presence of LBTC across the emerging markets, including these names:

+ BTCFi on @Starknet: LBTC appears on @vesuxyz pools as collateral assets and also borrowed assets from the BTC loops

+ @katana with $2.73m vault of LBTC

+ @JupiterExchange as a collateral asset on JupLend with $80.7m supplied and $38.7m USDC borrowed against, being the top 1 in BTC-based market

FYI, LBTC is sitting at 71% DeFi utilization, meaning it can be found in most DeFi protocols.

@Lombard_Finance has never let me down in this category.