1.1 $BARD Tokenomics & Launch Overview
Token Generation Event
$BARD launched on September 18, 2025. The event combined multiple distribution methods to ensure fair, broad access while bootstrapping liquidity and community engagement.
Key Metrics at Launch
Total Supply
1,000,000,000 $BARD
Initial Circulating Supply
225,000,000 (22.5%)
Launch Chains
Ethereum Mainnet
Contract Address
0xf0DB65D17e30a966C2ae6A21f6BBA71cea6e9754
Distribution Breakdown
Community & Ecosystem
350M
35%
Various schedules
Core Contributors
250M
25%
12-month cliff, 36-month linear
Early Investors
200M
20%
12-month cliff, 36-month linear
Liquid Bitcoin Foundation
200M
20%
48-month linear
Launch Components
Season 1 Airdrop:
40 million tokens distributed to 81,489 eligible participants who earned at least 5,000 Lux points through LBTC usage. Lombard Distribution occurs in two phases: 50% at TGE and 50% after 6 months. This rewards genuine early users while preventing immediate selling pressure.
Airdrop Distribution Details
Season 1 Eligibility (40M tokens)
Minimum Lux
5,000 points
Linear distribution
Equivalent to
~0.01 LBTC for 30 days
Activity-based
Eligible Wallets
81,489
Verified onchain
Average Allocation
367 $BARD
Per eligible wallet
Claim Period
90 days
Returns to treasury if unclaimed
Community Sale:
21,340 participants from 132 countries purchased 15 million tokens at $0.675, raising $6.75M. The sale was 14x oversubscribed, demonstrating strong global demand. Priority access went to Lux holders, rewarding ecosystem contributors with guaranteed allocations.
Strategic Liquidity Provision:
10 million tokens allocated to large liquidity providers who seed DEX pools, lending markets, and Pendle vaults. These strategic partners have 12-month lockups, ensuring long-term liquidity support.
Exchange Listings:
Major exchanges including Binance.com, Coinbase.com and Bybit.com listed $BARD immediately at launch, providing global access and price discovery. Initial trading showed strong volume with over $50M in first-day transactions.
Season 2 and Beyond
Season 2 continues distribution with 15 million tokens allocated over 6 months. Users earn Lux through LBTC holding, DeFi usage, staking $BARD, and ecosystem participation. This maintains momentum while onboarding new users who missed Season 1.
Future distributions will be governance-driven, with the community directing ecosystem incentives based on growth priorities. This flexible approach ensures capital deployment adapts to market conditions and opportunities.
$BARD Claims Eligibility Criteria
Lux holders
Eligibility
Participants must have earned at least 5,000 Lux. This is equivalent to holding approximately 0.01 LBTC for 30 days. The minimum threshold is set based on analysis showing a heavy concentration of low-value activity below this level.
Lux is an activity-based metric designed to recognize authentic usage of Lombard's products. Users who held LBTC, used LBTC in DeFi, earned badges and referred friends may be eligible to claim.
Allocation
40,000,000 $BARD has been allocated to 81,489 eligible Season 1 participants.
30,000,000 $BARD to participants earning Lux. The allocation is linear; the more Lux, the more $BARD, with an average allocation of 367 $BARD.
At TGE, half of a users' allocation is available to claim, excluding any allocation earned from user referrals.
After 6 months, the remaining half of a users' allocation is claimable, including any allocation earned from user referrals.
10,000,000 $BARD to strategic liquidity providers who provided large allocations to liquidity pools; to support DEX depth, seed lending, and Pendle markets. Such participants have been excluded to prevent dilution of Lux and are subject to a 12-month lockup schedule.
Exclusions
Activity on Solana, Katana, and TAC is not eligible. Additional Lux in Season 2 will be issued via a badge with a specific Lux allocation.
Any unclaimed $BARD after the 90-day claim period will be returned to the Ecosystem Fund.
The $BARD airdrop is subject to additional Terms and Conditions.
Kaito Yappers
Eligibility
Yappers must have contributed over 0.01% mindshare. All Yappers with contributions over 0.01% mindshare contributed to growing Lombard’s community and are eligible to claim, regardless of if they had Yaps or appeared on the Leaderboard.
Allocation
0.16% of total token supply (1,600,000 BARD) is allocated to the entire program.
Out of the 0.16% of supply, 50% is allocated to 450 eligible Season 1 participants.
Claim events
There are two separate claim events: at TGE and in 6 months.
For each claim event, users have 90 days to claim. Any unclaimed $BARD after the 90-day claim period will be returned to the Ecosystem Fund.
Claims will be via the Kaito Airdrop portal: https://yaps.kaito.ai/airdrops
Community Sale
Eligibility
21,340 verified participants from 132 countries worldwide.
Allocation
Lombard Lux holders and UGC Campaign participants received Priority Allocations (guaranteed allocations) and higher contribution limits.
1.5% of total token supply (15,000,000 BARD) was allocated to the sale.
Claim events
All allocations are fully unlocked at TGE.
Claims will be via the Buidlpad Portal: https://buidlpad.com/projects/lombard
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