Lombard has recently released a new three-phase roadmap, providing a clear blueprint for the comprehensive development of the Bitcoin economy.
Phase 1: Activate Liquidity (Completed)
- Goal: To put Bitcoin into circulation, regardless of how or where holders use it.
- Key Product: LBTC (Bitcoin Liquid Staking Token), backed by the Lombard Security Alliance, composed of leading digital asset institutions.
- Achievements: In just 92 days, the total value locked (TVL) of LBTC reached $1 billion, and has now exceeded $2 billion, becoming the fastest-growing yield token in crypto history. Additionally, LBTC has activated over $600 million in new ecological liquidity, attracting 260,000 users globally, with over 80% of LBTC active in DeFi protocols.
- Impact: LBTC has sparked a revival of Bitcoin DeFi, with top protocols like Aave, Morpho, Maple, and EigenLayer integrating Bitcoin as a strategic focus for the first time, laying the foundation for the on-chain economy.
Phase 2: Bitcoin Capital Markets (Ongoing)
- Goal: To build a liquidity market for Bitcoin on-chain, inspiring the next generation of innovation.
- Key Initiatives: Lombard is developing a range of middleware products, including:
Cross-Chain BTC: A neutral, permissionless asset that supports cross-chain liquidity.
Lombard SDK: Providing modular infrastructure for developers to embed BTC deposits and yields into various applications.
BTC DeFi Market: An integrated platform allowing users to deploy BTC in DeFi, CeFi, and traditional finance.
Institutional Products: Connecting BTC yields with traditional finance through partnerships with leading institutions.
Lombard Ledger: A leading Bitcoin bridge supported by 14 trusted digital asset institutions.
- Significance: This phase will exponentially expand Bitcoin's utility, laying the groundwork for future economic innovations.
Phase 3: Bitcoin Economy (Future Planning)
- Goal: To achieve permissionless innovation for Bitcoin, building a complete on-chain economy.
- Key Infrastructure: Including open protocol standards, plug-and-play settlement and custody components, and trustless BTC cross-chain bridges.
- Vision: To eliminate the barriers that have restricted Bitcoin innovation for 16 years, unleashing developers' creativity, fostering the next generation of blockchain breakthroughs (such as Hyperliquid and Celestia), and making Bitcoin the core of the global economy.
