Lombard just played a key role in one of the biggest moves in Bitcoin staking to date.
The BTC holder who staked 10K BTC in Babylon Phase-1 has now fully transitioned to Phase-2, providing slashable security to Babylon Genesis through @Lombard_Finance, alongside Solv and Pump.
This move pushed Babylon Genesis past 42K BTC in TVL, now securing over $4.3B. Lombard is proving to be a major pillar in Babylon’s mission, unlocking real, trustless yield for BTC holders while helping power decentralized networks with serious security.