Introduction to LBTC

LBTC: The Universal Liquid Bitcoin Standard

LBTC is liquid Bitcoin; it's yield-bearing, cross-chain, and 1:1 backed by BTC. LBTC enables yield-bearing BTC to move cross-chain without fragmenting liquidity, and is designed to seamlessly integrate Bitcoin into the decentralized finance (DeFi) ecosystem while maintaining the security and integrity of the underlying asset.

LBTC is designed to empower anyone—from individual holders to large institutions—to amplify the utility of their Bitcoin.

Unique attributes of LBTC:

• Earns native yield + rewards: LBTC earns native yield from Babylon staking and Lombard Lux, and can be used across DeFi to maximize returns.

• Cross-chain compatible: LBTC is natively minted across major blockchain ecosystems, enabling seamless cross-chain movement.

• Liquid & DeFi compatible: LBTC, backed 1:1 with BTC, can be used as collateral in lending and borrowing protocols, perp DEXs, and more.

• Secure: LBTC is secured by a network of consortium ecosystems, providing better security than centralized wrapped tokens and unsecured bridges.

Benefits to LBTC holders:

• LBTC holders retain the liquid value of their BTC

• LBTC holders passively accrue multiple layers of yields:

  • Babylon Staking Yield

  • Babylon Points

  • Lombard Lux

  • Yields and Incentives from LBTC destination chains and protocols

• LBTC holders can earn even more by deploying their LBTC into DeFi

  • Providing liquidity on Decentralized Exchanges

  • Lending LBTC or borrowing against it

  • Executing yield trading strategies

  • Committing LBTC to automated yield-generating vaults