$BARD (Lombard's Token)

The Governance Token of Lombard Protocol

$BARD is the native token that powers the entire Lombard ecosystem, enabling community governance, securing cross-chain infrastructure, and providing access to the protocol's growing suite of Bitcoin products. As Lombard builds the future of Bitcoin capital markets, $BARD serves as the coordination mechanism that aligns all participants,from individual users to institutional partners.

Unlike pure governance tokens that offer limited utility, $BARD integrates deeply into Lombard's infrastructure. It secures billions in Bitcoin value as it moves across chains, governs protocol parameters and treasury allocation, and unlocks premium features across all Lombard products. This multi-faceted utility creates sustainable value that grows with ecosystem adoption.

Core Functions

Governance Power: $BARD holders shape Lombard's future through on-chain governance. This includes voting on protocol upgrades, fee structures, treasury allocation, new chain deployments, and strategic partnerships. The Liquid Bitcoin Foundation, funded by the protocol treasury, executes community decisions, ensuring decentralized control over Lombard's development.

Security Provision: Staking $BARD provides cryptoeconomic security for LBTC cross-chain transfers through integration with Chainlink CCIP and Symbiotic. Stakers earn rewards while their collateral backs the billions in Bitcoin moving through Lombard's infrastructure. This creates aligned incentives where security providers benefit from protocol growth.

Protocol Access:

$BARD holders receive priority access to new products, enhanced yields on liquidity provision, reduced protocol fees, and early access to new chain deployments. As Lombard launches new vaults and features, $BARD becomes the key to accessing the best opportunities in Bitcoin DeFi.