Introducing Lombard Finance (@Lombard_Finance) Exciting news in the world of decentralized finance (DeFi)! We are thrilled to introduce you to @Lombard_Finance, a Bitcoin liquid staking platform that is revolutionizing the way Bitcoin is used within the DeFi ecosystem. Bitcoin, the world's largest cryptocurrency by market capitalization, has traditionally been seen as a passive store of value. With over $1 trillion worth of Bitcoin sitting idle, Lombard Finance aims to unlock its potential by transforming it into a productive financial tool through its flagship product, LBTC. What is LBTC? LBTC is a secure Bitcoin liquid staked token (LST) that allows users to earn staking rewards while maintaining the liquidity of their assets. Built on top of Babylon, a Bitcoin staking project, LBTC bridges the gap between Bitcoin's immense economic value and the dynamic opportunities within the DeFi space. Key Features of Lombard Finance Earn Staking Rewards: Users can stake their Bitcoin through Lombard and earn rewards from Babylon's network, generating passive income while still holding their Bitcoin. Cross-Chain Compatibility: LBTC is designed to be compatible across major blockchain ecosystems, enabling users to move their Bitcoin across chains without losing liquidity or security. DeFi Integration: LBTC can be used in various DeFi protocols, including lending, borrowing, yield farming, and liquidity provision, making Bitcoin more functional within DeFi while maintaining its core value. Security: LBTC offers a more secure alternative to other wrapped Bitcoin solutions, backed by Bitcoin and supported by decentralized networks. Mission and Vision Lombard Finance's mission is to expand the digital economy by connecting Bitcoin to DeFi. If just 10% of Bitcoin's $1.5 trillion market cap flows into DeFi, the total value locked (TVL) in the ecosystem could more than double, catalyzing unprecedented growth and enabling sustainable market dynamics over time. The Team The team behind Lombard Finance is composed of DeFi experts from Polychain, Babylon, Argent, Coinbase, and Maple, bringing extensive experience in starting, scaling, and operating companies in the DeFi space. Incubation and Funding Lombard Finance is incubated by Polychain Capital, which led Lombard's $16 million seed round in July 2024. The round welcomed participation from Babylon, dao5, Franklin Templeton, Foresight Ventures, HTX Ventures, Mirana Ventures, Mantle EcoFund, Nomad Capital, OKX Ventures, and Robot Ventures, among others. Join the Conversation Stay updated on Lombard Finance's journey to revolutionize the DeFi ecosystem. Follow @Lombard_Finance on Twitter and visit their website to learn more: https://t.co/cTJXrMVwko #LombardFinance #Bitcoin #DeFi #LBTC #LiquidStaking #CryptoInnovation