Depositing BTC.b to Receive LBTC

A comprehensive guide for staking BTC.b and receiving LBTC, a yield-bearing token.

Overview

This guide explains how to stakeBTC.b to receive LBTC (Lombard Staked Bitcoin) and start earning yield. LBTC is a liquid staked bitcoin asset, that earns up to 1% APY, derived from the Babylon Bitcoin Staking protocol while remaining fully liquid and usable across DeFi.

How to stake BTC.b for LBTC:

1. Connect with BTC.b ready Navigate to https://www.lombard.finance/app/ and connect your wallet. Ensure you have BTC.b in your wallet, your balance will display in the portfolio view.

2. Access staking interface Two routes available:

3. Portfolio: Click "Stake" on your LBTC module

4. Sidebar: Select "LBTC Staking"

Both lead to the same interface where you convert BTC.b to yield-bearing LBTC.

1. Configure your stake Enter your BTC.b amount or click "MAX" for your full balance. The interface displays:

2. Amount of LBTC you'll receive

3. Current exchange rate (e.g., 1 BTC.b = 0.9998 LBTC)

4. Current APY

The exchange rate being slightly below 1:1 is expected if LBTC has already appreciated since launch - you're buying into LBTC at its current fair value.

1. Execute the stake Click "Stake BTC.b" and approve the transaction(s) in your wallet. First-time stakers may need to approve BTC.b spending before the actual staking transaction.

2. Start earning immediately LBTC appears instantly in your wallet and begins accruing yield automatically. Track your position in the Portfolio where you'll see your balance (constant), current value in BTC.b (increasing), and total yield earned.

---

FAQ:

Why did I receive less than 1 LBTC per BTC.b? The exchange rate includes all previously accumulated yield. You're buying LBTC at its current value, and it continues appreciating from there. You don't lose anything - you earn the same APY from your entry point.

Do I need to claim rewards? No. LBTC automatically appreciate.. Your token balance stays constant while its value increases,no claiming, no gas fees.

Can I use LBTC in DeFi while earning yield? Yes! That's the liquid staking advantage. Use LBTC as collateral, in pools, or transfer it freely. Yield accrues regardless of what you do with your tokens.

What determines the APY? The yield comes from the Babylon Bitcoin Staking Protocol,, which vary based on network activity and total staked amount. Typically ranges from 0.5%-1.5% annually.

Is there a minimum staking amount? 0.0002 BTC. Consider gas costs. Very small stakes might not be economical after transaction fees.

How do I track my earnings? Your Portfolio shows real-time metrics: LBTC balance, current BTC.b value, yield earned, and a graph of value over time. The "My Activity" page shows all transaction history.