LBTC, or Lombard Staked BTC, is a liquid staked Bitcoin issued by Lombard Finance and backed 1:1 by Bitcoin. It is supported by a decentralized alliance of 14 major digital-asset institutions, which hold a 60 percent share of the Bitcoin LST market. Its yield is generated via Babylon Labs’ Bitcoin Staking Protocol, enabling holders to earn staking rewards while preserving the value of their underlying BTC. Bybit’s integration of LBTC aims to simplify on-chain Bitcoin staking by removing technical barriers and enabling direct BTC-to-LBTC minting and LBTC-to-BTC redemption, accessible through Bybit’s centralized exchange interface.
Bybit Launches LBTC On-Chain Earn Party Featuring 100,000 BARD Token Prize Pool
LBTC, or Lombard Staked BTC, is a liquid staked Bitcoin issued by Lombard Finance and backed 1:1 by Bitcoin. It is supported by a decentralized alliance of 14 major digital-asset institutions, which hold a 60 percent share of the Bitcoin LST market. Its yield is generated via Babylon Labs’ Bitcoin Staking Protocol, enabling holders to…
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