Unlocking trillions in
#BTC inactive!
Lombard launches 1-click staking SDK
Is Bitcoin DeFi about to EXPLODE?
#lombard Finance, an innovative Bitcoin infrastructure developer, has launched a revolutionary software development kit (SDK) that greatly simplifies the Bitcoin (BTC) staking process. This SDK allows wallets, exchanges, and other platforms to offer their users the ability to stake their
#bitcoin with a single click.
The main goal of this launch is to channel a significant portion of the approximately $154 billion in Bitcoin that is estimated to remain inactive on centralized exchanges into the decentralized finance (DeFi) ecosystem.
"Previously considered solely a store of value, Bitcoin is now increasingly integrating into DeFi, opening new income opportunities for BTC holders," said Lombard Finance co-founder Jacob Phillips, who added that the SDK removes "the complexity for both platforms and users."
Bitcoin staking through Lombard's system began seven months ago and has become a $4 billion market. Lombard's DeFi Vault, powered by smart contract provider Veda, currently has a total locked value of over $200 million.
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