Use Bitcoin Earn
Deposit LBTC or other Bitcoin assets into Bitcoin Earn, a professionally managed meta-vault that deploys your capital to experienced risk managers across diversified DeFi strategies. You access DeFi yields without managing positions yourself and can track performance and allocations from the Bitcoin Earn dashboard.
How Bitcoin Earn Works
You deposit LBTC, BTC.b, WBTC, or native Bitcoin.
The vault deploys your capital across DeFi protocols (lending, liquidity, market-neutral strategies).
You receive BTCe, a receipt token representing your position.
Rewards auto-compound. Your BTCe grows in value over time.
Request to withdraw at anytime, and receive funds within 14 days.
Bitcoin Earn is managed by professional operators, starting with Sentora. It is powered by Veda infrastructure.
Deposit to Bitcoin Earn
Before You Start
You need LBTC, BTC.b, WBTC, or native Bitcoin on the vault's network.
You need native tokens for gas
Steps
Go to lombard.finance/app/earn.
Connect your wallet on your chosen network
Choose the asset to deposit (LBTC, BTC.b, WBTC, or native Bitcoin).
Enter the amount.
Approve the vault contract (first time only).
Confirm the deposit transaction.
Receive BTCe in your wallet.
Your BTCe balance and accrued rewards appear in the dashboard, updated hourly.
Import BTCe to Your Wallet
If BTCe does not appear automatically:
Ethereum
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Withdraw from Bitcoin Earn
BTCe can only be redeemed for LBTC (regardless of what you deposited).
Steps
Go to the Bitcoin Earn dashboard.
Select Withdraw.
Enter the amount of BTCe to redeem.
Confirm the transaction.
Wait for processing (up to 14 days).
LBTC arrives in your wallet.
Important
You cannot start a new withdrawal while one is pending.
Keep token approvals enabled during the processing period.
Some wallets auto-revoke approvals, this will cancel your withdrawal.
Why Withdrawals Get Cancelled
Withdrawing is a two-step process:
You sign a message authorizing the vault to process your request.
The queue contract fulfills the request after the processing period.
If your wallet revokes the approval before processing completes, the withdrawal cancels. Check your wallet's security settings if this happens.
Risks
Smart Contract Risk
Vaults interact with multiple DeFi protocols. Each protocol carries its own smart contract risk. Audits reduce but do not eliminate this risk.
Bitcoin Earn Audit: github.com/Se7en-Seas/boring-vault/tree/main/audit.
Strategy Risk
Vault returns depend on underlying DeFi protocol performance. Yields can be lower than expected, and in extreme cases, strategies may result in losses.
Liquidity Risk
During the withdrawal period (up to 14 days for Bitcoin Earn), you cannot access your funds. Market conditions may change during this time.
Next Steps
Use LBTC — Get LBTC to deposit into vaults
DeFi Marketplace — Explore individual protocol opportunities
Lux Rewards — Maximize points while earning yield
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