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Put your BTC to work on CoinList.

Introduction

Lombard Finance has made waves in the DeFi world by connecting Bitcoin with DeFi through its unique liquid staking solution called LBTC.

We’re excited to invite users to participate in Lombard Finance's Lux & Luminary program. 

The program rewards early participants with Lombard Lux and Babylon points to light a path for on-chain newcomers with exciting BTC earning opportunities and other potential benefits in the near future... 😉

Lombard Finance's Lux & Luminary Program Details
Participants Unlimited
Allocated Points Unlimited points
Eligibility Certain jurisdictional limitations apply (i.e. users must be non-U.S./Canada and OFAC compliant).
FAQ Lombard Finance Lux & Luminary Program FAQ

Key Highlights

    Rewards


    Babylon Points and staking yield will be available at a later date. 

    DeFi yield for staking LBTC on CoinList will be available with our upcoming Lombard DeFi Vault integration.  
    Rewards will start to be calculated up to a day after deposit.

    Token Utility

    LBTC is liquid Bitcoin; it's yield-bearing, cross-chain, and 1:1 backed by BTC. LBTC enables yield-bearing BTC to move cross-chain without fragmenting liquidity, and is designed to seamlessly integrate Bitcoin into the decentralized finance (DeFi) ecosystem while maintaining the security and integrity of the underlying asset.

    LBTC is designed to empower anyone—from individual holders to large institutions—to amplify the utility of their Bitcoin.

    Unique attributes of LBTC:
    • Earns native yield + rewards: LBTC earns native yield from Babylon staking and Lombard Lux, and can be used across DeFi to maximize returns.
    • Cross-chain compatible: LBTC is natively minted across major blockchain ecosystems, enabling seamless cross-chain movement.
    • Liquid & DeFi compatible: LBTC, backed 1:1 with BTC, can be used as collateral in lending and borrowing protocols, perp DEXs, and more.
    • Secure: LBTC is secured by a network of consortium ecosystems, providing better security than centralized wrapped tokens and unsecured bridges.

    Benefits to LBTC holders:
    • LBTC holders retain the liquid value of their BTC
    • LBTC holders passively accrue multiple layers of rewards and yields:
      • Lombard Lux
      • Babylon Points (Coming Soon)
      • Babylon Staking Yield (Coming once Babylon Mainnet goes live)
      • Yields and Incentives from LBTC destination chains and protocols (Coming Soon)

    About Lombard Finance

    Lombard is dedicated to expanding the digital economy by transforming Bitcoin’s utility from a mere store of value into a productive financial tool. While Bitcoin remains the world’s largest crypto asset, with over $1 trillion worth of Bitcoin often sitting idle, its utility is limited compared to other digital assets. Lombard sees a significant opportunity to change this by connecting Bitcoin to decentralized finance (DeFi)

      Lombard is driven by the fact that 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. Lombard believes this potential can be unlocked through a security-first liquid Bitcoin primitive—LBTC.

      Lombard’s flagship product, LBTC, is a secure Bitcoin liquid staked token (LST), designed to empower anyone—from individual holders to large institutions—to amplify the utility of their Bitcoin. It allows users to earn a native yield from providing economic security to networks via Babylon and participate in DeFi, all while maintaining the value of the original asset. 

      By building LBTC on top of Babylon, Lombard’s LBTC bridges the gap between Bitcoin’s immense economic value, security capabilities, and the dynamic opportunities within PoS and DeFi ecosystems, marking a transformative phase for Bitcoin in the decentralized economy.