Transparency

You should not have to trust us — you should be able to verify everything yourself.

Proof of Reserve

Chainlink Proof of Reserve feeds update every 10 minutes to confirm LBTC and BTC.b maintain full backing by native Bitcoin.

On-Chain Records

All Consortium authorizations, mints, burns, and cross-chain transfers are documented in the Lombard Ledger, providing a complete on-chain audit trail.

Published Contracts

All smart contract addresses are publicly accessible for code review and audit verification across every supported chain.

Open Documentation

Complete protocol explanations are provided without obscured processes, enabling anyone to understand how the system operates.

What You Can Verify

LBTC backing

BTC staked through Babylon secures every LBTC token

BTC.b backing

1:1 native Bitcoin reserves back every BTC.b token

Exchange rates

LBTC exchange rate only increases as staking yields accrue

Contract authenticity

Verify through address and source code on block explorers

External Validation

Third-party security audits from OpenZeppelin, Veridise, Halborn, Cantina, and Sherlock
DeFiLlama independent metrics tracking
Open GitHub repositories for code inspection

Next Steps

Oracles — Proof of Reserve and price feed oracle details
Smart Contracts — Complete list of deployed contracts across all networks
Bridging Architecture — How cross-chain transfers work
Risks — Comprehensive risk disclosure