1d ago
$BARD
Lombard is definitely gaining more and more influence.
Whenever we talk about @Lombard_Finance, we always mention LST market share and that it is the vanguard of BTCfi.
This time, they are also partnering with the CAP of the @megaeth_labs ecosystem.
(CAP is a project that implements a stablecoin/yield generation model using the MegaETH network.)
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The expansion of the utility of $LBTC clearly feels different from other BTCfi projects so far.
It might really be time for the Bitcoin that has been asleep to wake up.
4d ago
$BARD
Lombard is partnering with Resolve, a yield-generating stablecoin protocol with a delta-neutral structure in the DeFi ecosystem.
This is the first case of using Bitcoin derivatives that utilize $LBTC instead of BTC on the Resolve infrastructure.
(Estimated total yield increase of about 0.3~4% compared to the current portfolio)
@Lombard_Finance currently holds an overwhelming position with over 60% LST market share, collaboration with 15 institutions, 14 chains + over 80 protocols, and is ranked 4th in market capitalization for BTC derivatives.
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The current stablecoin market is in a situation where 'yield-generating' is important.
It's not just about dollar pegging. Something needs to be created within that.
In other words, as the stablecoin market expands, there will be a growing demand to utilize various asset classes, with a particular desire to use BTC, the most representative and safest asset.
-> BTCfi demand
$LBTC provides the most stable BTC yield in that regard, so it may benefit from the growth of stablecoins in the future.
-> Increase and expansion of use cases in the DeFi market
I think the starting point is this partnership with Resolve.
@Lombard_Finance is just getting started.
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