Today, let's talk about @Lombard_Finance's LUX points system.
What are Lombard Lux Points?
Lombard Lux Points are a loyalty and rewards mechanism launched by Lombard Finance, aimed at incentivizing users to participate in its ecosystem. This is not an asset that can be freely traded, but rather a 'on-chain loyalty proof' representing your contributions to the protocol. Whether you are re-staking BTC, depositing into the LBTC or stablecoin treasury, or holding assets for the long term, you can earn Lux Points in the following ways:
-Re-staking BTC: Re-stake your BTC through Lombard's partnership with Babylon.
-Depositing and Holding: Deposit funds into the LBTC or stablecoin treasury; the longer you hold, the more points you earn.
-Participating in Activities: Join seasonal Lux Boost events, referral programs, or ecosystem tasks.
Why are Lux Points so important?
Lux Points are not just numbers; they are the gateway to future rewards! According to posts and community discussions, these points may play a key role in the following aspects:
-Protocol Governance: Future protocol decisions may be influenced through a DAO structure.
-Token Distribution: There are speculations that Lux Points may be linked to future $LUX tokens or governance token airdrops.
-Exclusive Privileges: Unlock new features, treasuries, or partner events.
-Reputation Boost: Achieve higher levels within the protocol.
How to get started?
-Connect Wallet: Visit the points dashboard provided by Lombard, connect your wallet to track Lux Points in real time.
-Engage with the Ecosystem: Start re-staking BTC, depositing, or joining activities.
-Long-Term Holding: The longer you hold, the greater the rewards!
Join the Lombard DeFi Revolution
Lombard Finance is committed to bringing 10% of Bitcoin's $15 trillion market cap into DeFi, providing users and institutions with new financial tools through its flagship product $LBTC. Backed by top investment firms like Polychain Capital, Lombard is reshaping the DeFi landscape with a security-first approach.
