LBTC in DeFi

Lombard is dedicated to securing top-tier DeFi integrations to unlock additional yield-generating opportunities for LBTC beyond the underlying Babylon staking yield. Initially targeting Ethereum, where most bitcoin liquidity and leading DeFi protocols are based, Lombard plans to soon expand to Ethereum Layer-2 and prominent Layer-1 networks with thriving DeFi ecosystems.

Lombard ensures the distribution of LBTC across the major and most active DeFi protocols. All whitelisted DeFi integrations are supported with LUX multipliers. An overview of each is provided below. A list of DeFi opportunities and their respective LUX multipliers can be found on Lombard’s DeFi page.

Lombard DeFi Vault

Lombard DeFi Vault: an automated yield management solution that maximizes BTC-denominated returns by allocating WBTC and LBTC deposits across various DeFi opportunities. The vault simplifies DeFi participation by eliminating the need for manual management. It optimizes yields through active rebalancing across platforms like Morpho, Pendle, Uniswap, etc., and automates compounding by converting accrued rewards into additional liquidity.

Third-party DeFi Vaults

  • Coming soon…

Decentralized Exchanges

Uniswap V3: a decentralized exchange that pioneered a concentrated liquidity feature, enabling liquidity providers to allocate capital within specific price ranges, resulting in more efficient capital use and potentially higher returns.

Curve: a decentralized exchange (DEX) optimized for trading stablecoins and low-slippage swaps between highly correlated assets such as LBTC and WBTC. By focusing on stable assets, Curve offers highly efficient trading with reduced fees, making it a popular platform for stablecoin liquidity providers.

Lending Protocols

  • Coming soon…

Restaking

Symbiotic: a shared security and restaking protocol that allows networks to control and adapt their staking implementations in a modular and permissionless manner. It offers capital efficiency by enabling multi-asset, cross-network restaking while minimizing risks through non-upgradable core contracts.

Liquid Restaking

ether.fi (eBTC): a leading protocol in the liquid restaking space with an outstanding track record in Ethereum-based restaking. Now expanding into the BTC LRT space, ether.fi has entered an exclusive collaboration with Lombard to expand its LRT offering, eBTC. Built on top of Lombard’s LBTC, eBTC is designed to provide ether.fi users with easy onboarding to restaking BTC on restaking platforms such as Symbiotic, Karak, and very soon Eigen Layer.

  • Rewards: Depositors earn 2x Lombard Lux, 1x Babylon points, 1x Symbiotic points, 3x ether.fi points, & 3x Veda points. (Info on additional rewards coming soon.)

  • Links: https://app.ether.fi/ebtc

PreviousLombard LuxNextUser Guides

Last updated