Lombardfi is a Bitcoin liquid restaking protocol that enables users to earn rewards from Bitcoin staking on Babylonchain while having full ownership of their funds in the form of a yield-bearing $LBTC token. $LBTC coin is a native LRT of the Lombard Finance crypto platform that is originally tethered to $BTC in a 1:1 ratio but grows in value compared to Bitcoin over time as the Babylon chain distributes rewards from restaking.
On July 2nd, 2024, the Lombardfi crypto protocol closed a $16M Seed funding round with participation of the top-tier investors like Polychain Capital, Mirana Ventures, and others.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Very High | 22.69x | 61 | ||
| N/A | 0.48x | 45 | ||
| Medium | 0.32x | 29 |