Lombard Finance is a Bitcoin liquid restaking protocol with its own LRT, LBTC coin. It allows users to earn yield from the Babylon chain AVS services while having full control of their funds in the form of a liquid token $LBTC which is tethered to the real $BTC in a 1:1 ratio.
Since its launch in 2024, the platform managed to attract investments from some notable crypto funds such as Binance Labs, Polychain Capital, and others, which collectively invested over $17M into the project.
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Lombard Finance is a liquid restaking platform powered by the Babylon chain. It enables users to earn rewards from restaking while maintaining full control of their funds with its $LBTC LRT which is tethered to the Bitcoin in a 1:1 ratio but grows overtime as the Babylon chain starts distributing restaking rewards.
Despite the protocol hasnโt mentioned the release and airdrop of its governance token, our experience with Ethereum restaking protocols and the currently active Lombard Finance point-farming campaign suggests the TGE is very likely to occur in the future. Hence, the CoinLaunch team prepared a comprehensive guide on how to qualify for the potential Lombard Finance airdrop and join the point farming campaign.
<a href="https://coinlaunch.space/projects/lombard-finance/" title="Lombard Finance (BARD)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/lombard-finance.png" width="224" alt="Lombard Finance (BARD)"></a>