⚡️Brothers, look closely at the path of Lombard. It is not following the current mainstream BTCFi model of bridging first, then wrapping on-chain, and then playing DeFi. It has no intention of letting you transfer Bitcoin back and forth.
Its logic is that BTC remains stationary, creating a 1:1 avatar $LBTC on the Babylon chain, allowing redemption at any time, without hassle or cross-chain complications, providing a very clean and straightforward experience.
At first, I thought Lombard was just a staking protocol, but later I discovered that this chain, Babylon, actually hides quite a few things. It is not a smart contract chain, but a modular security layer designed specifically for Bitcoin's security, with its target not being EVM, but BTC itself.
This explains why Lombard's ambition is not just to create a product but to serve as the ecological template for BTC-Fi. Look at its backing investors: Polychain, Franklin Templeton, Binance Labs, which are clearly not purely mining players.
So don't just focus on the DeFi mining attributes of $LBTC; in the future, it may even participate in RWA collateral, on-chain government bonds, and CeDeFi bridge functions... it feels somewhat similar to a BTC version of Eigenlayer. The mechanisms are not the same, but the roles they play are similar—one revitalizes ETH's consensus security, the other revitalizes BTC's asset accumulation.
Currently, Lombard's pace is neither hurried nor anxious: the points system has quietly launched, basic liquidity has been established (Katana, Sushi, Morpho), but overall it remains quite restrained, not engaging in loud promotional campaigns, as if laying out a longer path.
There are several upcoming observation points worth noting: Will the use cases for $LBTC continue to expand? Will Babylon incubate more protocols deeply bound to $LBTC? Will there suddenly be a linkage between the current points system and $LBTC that opens up incentives?
Lombard gives the impression of not coming to ride the BTC wave, but of genuinely wanting to keep the value of BTC on-chain.
