Currently, Bitcoin's market value is approximately $2.2 trillion, but in the on-chain financial sector, there has been a long-term lack of yield scenarios, composability, and capital market channels.

In contrast, Ethereum has established mature yield infrastructure such as Lido and EigenLayer, and stablecoins USDC and USDT have also formed a large liquidity network. The release of BTC's on-chain value is waiting for a systematic breakthrough.

Lombard's vision is to inject yield capability, liquidity, and unified financial standards into BTC through full-stack infrastructure, transforming Bitcoin from 'static storage' to 'on-chain capital engine'.

📑 Core Tasks:

1️⃣ Transforming BTC into yield-generating, composable on-chain financial assets, comprehensively introducing the DeFi ecosystem;

2️⃣ Connecting BTC liquidity pathways between exchanges, chains, and protocols;

3️⃣ Providing BTC Beta investment target $BARD.

🧩 Product and Technology Matrix:

1️⃣ $LBTC: The first yield-bearing BTC asset, backed 1:1 by BTC, circulates across 12 chains, with TVL surpassing $1 billion in 92 days (currently $1.5 billion), bringing over $2 billion in net new liquidity to the on-chain.

2️⃣ BTC Vault: As of July 2025, the custodian scale is approximately $750 million, soon to launch trading and structured products, balancing safety and yield;

3️⃣ Infrastructure primitives: Providing BTC access for exchanges, chains, and DeFi protocols, has aided Binance and Bybit in launching BTC staking services;

4️⃣ Ecological Integration: $LBTC has deeply connected with over 100 DeFi protocols (Aave, Pendle, Morpho, Spark, etc.), becoming the core driving engine of on-chain BTC liquidity.

🌍 Industry Status and Potential:

0️⃣ Annual income of $5 million.

1️⃣ Currently, no other projects have reached comparable heights in terms of BTC on-chain liquidity and utility;

2️⃣ Market Benchmark: Lido (ETH LST) FDV ≈ $1.35 billion; Ethena (stablecoin yield) FDV ≈ $9.5 billion;

3️⃣ BTC's market value far exceeds ETH, with more significant penetration potential;

4️⃣ Expected to become the infrastructure standard for BTC on-chain applications (similar to Chainlink's position in the oracle space).

Lombard is forming a new flywheel effect: More BTC on-chain → More DeFi integration → More yields and use cases → Further promotion of BTC on-chain.

With ecological expansion, Lombard will also establish BTC financial primitive standards, replacing part of the yield logic of BTC Layer-2, becoming a core channel for institutional BTC holdings to enter the on-chain economy.

From the above information, it can be seen that Lombard is neither a BTC Layer-2 nor just a single staking service, but a comprehensive platform integrating asset issuance, vault services, and middleware.

Finally, the $BARD Community Round, relevant to everyone's interests, will be exclusively supported by Buidlpad.

Additionally, the results of the first two phases of Buidlpad are also very good, Solayer oversubscribed by 5.5 times, TGE on the same day increased by 240%, Sahara oversubscribed by 8.8 times, TGE on the same day increased by 120%;

🏕️ Community Round × Buidlpad Key Information:

1️⃣ Total fundraising amount is $6.75 million, accounting for 1.5% of the total supply, FDV $450 million;

2️⃣ Individual Quota: $50–5000 (Lombard Lux up to $20,000);

3️⃣ Payment Assets: $USD1, $BNB, $LBTC;

4️⃣ 100% unlock on the day of listing;

5️⃣ KYC Time: August 26–29 (UTC);

6️⃣ Investment Timing: September 1–2 (UTC);

7️⃣ Lombard Lux holders enjoy priority allocation and quota increases, and can stack UGC rewards (+10% pre-sale share).

In the community round, Lombard will leverage Buidlpad to generate momentum, combining project potential and platform advantages to provide investors with a rare entry point into the BTC on-chain capitalization wave.

Additionally, in terms of financing and background, Lombard has completed $17 million in financing, with investors including Polychain Capital, YZi Labs, Franklin Templeton, OKX Ventures, etc., combining global crypto and traditional financial resources to provide a solid security margin for ecological expansion.

Note: The above is for information sharing only and is not investment advice. Please do your own research!

Chasing New Narratives: DeFi Enthusiasts: BitHappy