Lux Rewards
Lux is how Lombard measures your contribution to the ecosystem. The name comes from the Latin word for light: the Luminary Program lights a path for those building alongside Lombard.
Current Season: Season 3 (began March 18, 2026 at 00:00 UTC). Lux is now earned exclusively through active deployment. Passive holding of LBTC or BTC.b does not generate Lux. See Season 3 for current rules.
What Are Lux?
Lux are participation points, not tokens. They represent your level of engagement with the Lombard ecosystem and serve as the basis for BARD airdrop allocations.
What Lux are:
A measure of your activity and commitment
Tracked per wallet by Sentio (blockchain infrastructure platform)
The basis for calculating your share of seasonal BARD airdrops
Accumulated automatically every hour based on your DeFi deployment activity
What Lux are not:
Tokens or digital assets
Transferable or tradeable
Currency or property with monetary value
Guaranteed to convert to anything
Lux exist only within Lombard's system. You cannot send them to another wallet, sell them on an exchange, or use them as collateral. Their sole purpose is to track your participation within the Lombard ecosystem.
Season 3: Rewarding Activity
Season 3 marks a fundamental change to how Lux are earned. In previous seasons, participants earned Lux by holding LBTC in a wallet with no further action required. That model served its purpose during the early growth phase, helping bootstrap adoption and build a broad holder base. Season 3 retires it.
Lux is now earned exclusively through activity. Deploy LBTC or BTC.b into eligible DeFi protocols and vault products to earn Lux. Idle assets in a wallet do not earn rewards of any kind.
The data from two seasons made this transition clear: LBTC has consistently maintained a 70%+ utility rate in DeFi. The participants who deploy, who collateralize, and who actively participate in DeFi are the ones who create the most value. Season 3 rewards them accordingly.
What Changed from Season 2
Passive holding rewards
Active (Days Held × LBTC × 1,000)
Discontinued
BTC.b Lux eligibility
Not eligible
Eligible when deployed in DeFi
Earning model
Hold + optional DeFi
DeFi deployment required for Lux
Eligible assets
LBTC only
LBTC and BTC.b
Vault rewards
Lux accrual
Lux at launch, transitioning to direct BARD streaming
Badges
Active (fixed Lux for milestones)
Discontinued
Daily tap-in
Active (7-day streak = 200 Lux)
Discontinued
Special events
Active (Flash Events, Sparks, Reflections)
Discontinued
The previous base accrual formula (Days Held × Amount of LBTC × 1,000) no longer applies. Lux accrues only through active deployment and referrals.
How to Earn in Season 3
Season 3 rewards active deployment of LBTC and BTC.b across three tiers, each with a different Lux multiplier. Multipliers are adjusted actively over the course of the season. The team focuses on leading venues across eligible chains.
DEX Liquidity and Others (e.g. restaking)
1x
Uniswap, Curve, Fluid, Aerodrome, Meteora, Etherfi
Lending Collateral
3x
Aave v3/4, Morpho, Spark, Fluid, Euler, Juplend, Kamino
Bitcoin Earn and Lombard Strategies
6x
Bitcoin Earn, Lombard vaults
Eligible chains: Ethereum, Solana, Avalanche, MegaETH, Base. Additional protocols and chains are expected during the season.
The Strategies section at lombard.finance/app displays all current opportunities with live multiplier rates.
Both LBTC and BTC.b deployments qualify across all three tiers. If you hold both assets and deploy both into eligible protocols, you earn Lux on both positions.
BARD streaming for vaults. Bitcoin Earn and Lombard Strategies currently earn Lux at the 6x multiplier. During Season 3, these products will transition to direct BARD streaming, where BARD is distributed continuously to vault participants rather than accrued as Lux. When BARD streaming goes live, the Lux multiplier for these vaults drops to zero and participants begin receiving BARD directly. Further details on timing and mechanics will be announced as the transition approaches.
Supplementary: Referrals
Referrals remain active as a supplementary Lux source. See the Referrals section below for details.
BTC.b Enters the Lux Ecosystem
For the first time, BTC.b holders can earn Lux. This is one of the most significant additions to the Luminary Program since launch.
Since Lombard acquired BTC.b from Ava Labs in October 2025, the asset has grown to serve a distinct role across the ecosystem as a permissionless, non-custodial Bitcoin representation. Season 3 recognizes active BTC.b deployment alongside LBTC.
Important: Passive BTC.b holding in a wallet does not generate Lux. Only deployment into whitelisted DeFi protocols and vault products qualifies. Visit the Strategies section at lombard.finance/app to browse eligible BTC.b opportunities.
Referrals
The Lombard Referral Program lets participants earn ongoing Lux commissions by bringing new users into the ecosystem. When someone stakes BTC using a referral link, the referrer receives 20% of all Lux they generate, from both new and existing referred users. Referred users receive a 10% Lux boost on their own accrual.
The referral program continues in Season 3 with the same structure. Referrers earn commissions on all Lux generated by their referred users, including users referred in previous seasons who remain active.
Full referral program details: Referral Program.
How Lux Convert to BARD
At the end of each season, Lombard allocates a fixed amount of BARD to participants. Your share is proportional:
Your BARD = (Your Lux ÷ Total Community Lux) × Season BARD Allocation
Season 1
40,000,000 BARD
4%
Distributed (Phase 1 at TGE; Phase 2 on March 18, 2026)
Season 2
15,000,000 BARD
1.5%
Claimable March 30, 2026
Season 3
10,000,000 BARD
1%
Active (began March 18, 2026)
The more Lux you accumulate relative to other participants, the larger your BARD allocation. There is no fixed "exchange rate." It depends on total community participation.
Season 1 required minimum 5,000 Lux to qualify (equivalent to holding ~0.01 LBTC for 30 days).
Claiming BARD
After each season ends, eligible participants can claim their BARD allocation at claim.lombard.finance.
Active Claim Events
Season 1 Phase 2
1.5% of supply (remaining 50% of S1 + referral rewards)
March 18, 2026 at 09:00 ET
90 days
Season 2
1.5% of supply (15,000,000 BARD)
March 30, 2026 at 09:00 ET
90 days
Upcoming: Season 1 Phase 3 (1% of supply) is scheduled for September 2026.
Claim and Stake Bonus
Users who claim and stake BARD between March 18 and March 30, 2026 receive a 25% boost on top of the standard 30% staking APY, for a total of 55% APY. This boosted rate lasts three months, expiring June 18, 2026. Bonus rewards are distributed on June 18.
Two conditions must be met: stake within the March 18 to March 30 window, and maintain the staked position through June 18, 2026. Unstaking before that date forfeits the bonus allocation.
Stake directly via the claim app or at lombard.finance/app/bard.
Important Claiming Details
Each claim event has a 90-day window. Unclaimed tokens after 90 days are returned to the Ecosystem Fund and cannot be recovered.
Referral Lux from Season 1 is distributed exclusively in Phase 2 (March 18, 2026). It was not included in the TGE distribution.
All eligible wallets undergo AML and sanctions screening via TRM Labs. No KYC is required, but flagged wallets cannot claim.
U.S. persons and residents of sanctioned jurisdictions are excluded from participation.
Kaito Yapper rewards are claimed separately at kaito.ai/airdrops, not through claim.lombard.finance.
Token contract: 0xf0DB65D17e30a966C2ae6A21f6BBA71cea6e9754 (Ethereum, ERC-20)
The Rewards Page
Your dashboard for everything Lux-related:
Lux Balance: Real-time total across all sources.
DeFi Positions: Active deployments earning Lux and their current multipliers.
Referral Stats: Who you have onboarded and what you have earned from them.
Everything in one place at lombard.finance/app/rewards.
How Tracking Works
Sentio, a blockchain infrastructure platform, monitors all Lux-eligible activity:
LBTC and BTC.b positions in whitelisted DeFi protocols
Vault product deposits (Bitcoin Earn and Lombard Strategies)
Referral connections
Visit lombard.finance/app/rewards to view your current Lux balance, active multipliers, and referral stats. The dashboard updates hourly as new Lux accrues.
The Strategies tab displays your referral link and tracks referred users. The Leaderboard shows top Lux earners across the ecosystem.
Season History
Season 1 (Launch to September 18, 2025)
Season 1 bootstrapped the LBTC ecosystem. 4% of total BARD supply (40,000,000 BARD) was allocated to participants. Distribution occurred across three phases: 1.5% at TGE (September 18, 2025), 1.5% at the 6-month mark (March 18, 2026), and 1% at the 12-month mark (September 2026).
Lux accrued through LBTC holding, DeFi deployment with multipliers, badges, and early community events. A minimum of 5,000 Lux was required to qualify.
Season 2 (September 18, 2025 to March 18, 2026)
Season 2 ran for six months and allocated 1.5% of total supply (15,000,000 BARD). The earning model included base accrual from passive LBTC holding (Days Held × LBTC Amount × 1,000) alongside DeFi multipliers, badges, referrals, and daily tap-ins. BTC.b was not eligible for Lux during Season 2.
Season 1 participants could roll over up to 30% of their Season 1 Lux through two badges: Genesis HODLer (unlocked at 50,000 Season 2 Lux, awards 15% of Season 1 Lux) and Growth Maxi (unlocked at an additional 50,000 Season 2 Lux, awards another 15%).
The full Season 2 distribution (100% of the 1.5% allocation) goes live on March 30, 2026 at 09:00 ET.
Start Earning
Deploy in DeFi. Stake BTC, mint LBTC, and deploy into eligible protocols. Or deploy BTC.b into whitelisted opportunities. Lending collateral earns at 3x; DEX liquidity and others at 1x.
Use Bitcoin Earn. Deposit into Bitcoin Earn or Lombard Strategies for the highest multiplier (6x), with a planned transition to direct BARD streaming later in the season.
Check Rewards. Track your Lux balance and DeFi positions at lombard.finance/app/rewards.
Refer Friends. Earn 20% of their Lux through the referral program.
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