FAQ

Find answers to common questions about Lombard, LBTC, BTC.b, and $BARD.

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By Topic

Section	What You'll Find
General FAQ	Lombard protocol, security, team, backing
LBTC FAQ	Staking, unstaking, yield, fees
BTC.b FAQ	Minting, redeeming, WBTC comparison
$BARD FAQ	Token, airdrop, staking, governance

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Quick Answers

What is the difference between LBTC and BTC.b?

Feature	LBTC	BTC.b
Yield	Yes (~0.41% APY)	No
BTC backing	1 LBTC = 1+ BTC (grows over time)	1 BTC.b = 1 BTC (always)
Use case	Earn while holding	Simple Bitcoin representation
Unstaking time	9 days	7-9 days

Can I convert between LBTC and BTC.b?

Not directly. You need to redeem one for native BTC, then mint the other. This incurs redemption fees and waiting times. Some DEXs may offer direct swaps depending on liquidity.

Is KYC required?

No. Both LBTC and BTC.b are permissionless. Anyone can mint and redeem without identity verification.

How is my BTC secured?

Lombard uses a multi-layered security model:

• Security Consortium — 14 independent institutions validate all operations

• CubeSigner — Hardware Security Modules store keys, even during signing

• Bascule Drawbridge — Secondary verification layer for all mints

• Chainlink CCIP — Secure cross-chain messaging

• Audits — OpenZeppelin, Veridise, Halborn

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Still Have Questions?

• Discord — discord.com/invite/2HG7G69twc (fastest response)

• Support Widget — Available at lombard.finance (bottom right)