Lombard Finance Foundation

The Lombard Finance Foundation (formerly known as the Liquid Bitcoin Foundation) is an independent steward of the Lombard ecosystem, incorporated in the Cayman Islands. Learn more at lombardfinance.foundation .

Role

The Foundation focuses on:

Permissionless Innovation with BitcoinThe Foundation supports the development of an open, permissionless Bitcoin ecosystem where builders and users can create and access Bitcoin-native financial products without gatekeepers. By funding grants, partnerships, and research, the Foundation lowers barriers to innovation on Bitcoin.

Lombard Ecosystem GrowthThe Foundation directs resources toward growing the Lombard ecosystem, including funding DeFi integrations, chain expansions, developer tooling, and community programs. The Foundation's 20% allocation of BARD supply (200,000,000 tokens) is deployed to maximize long-term ecosystem impact.

Reporting

The Foundation maintains transparency through regular reporting on token allocation decisions and ecosystem grant disbursements.

Operating Principles

The Foundation operates according to the following principles:

IndependenceThe Foundation operates independently from the Lombard core team, ensuring its decisions serve the broader ecosystem rather than any single entity

TransparencyAll significant token allocation decisions are documented and publicly communicated

Long-term alignmentThe Foundation's token vesting schedule (4.25% at TGE, remainder linear over 3 years) ensures resources are deployed gradually for sustainable growth

AccountabilityThe Foundation is incorporated as a legal entity in the Cayman Islands, providing a formal governance structure with defined responsibilities and accountability

Next Steps

lombardfinance.foundation, Official website of the Lombard Finance Foundation
Token Economics, Full $BARD supply and distribution details
Community, Lux rewards, referral program, and ways to participate
Use BARD, Claiming and the retired staking program