Lombard was established in 2024, with a team composed of top cryptocurrency financial institutions, dedicated to building a liquidity engine and capital market infrastructure on the Bitcoin chain.
LBTC as a stake Bitcoin certificate, while also possessing liquidity and profitability, can circulate and interact freely in up to 12 chains of DeFi protocols such as Aave, Pendle, Maple.
Babylon provides a native staking mechanism for Bitcoin, while Lombard leads the largest-scale Finality Provider operation, combining multiple institutions to ensure network security and decentralization.
The multi-signature mechanism and Byzantine fault tolerance design ensure that transactions are transparent and tamper-proof, maintained collectively by a security alliance consisting of institutions such as Galaxy and DCG.
BARD is the core token of the protocol, covering governance, staking, and ecological incentives, supporting capital allocation and protocol upgrades, ensuring the long-term stable operation of the protocol.
Lombard promotes the deep integration of Bitcoin in the field of Decentralized Finance through LBTC and BARD tokens, driving continuous innovation and development in on-chain finance.
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