Odaily Planet Daily News Lombard publicly launched LBTC, which is a “Cross-Chain Interaction BTCToken designed for use in Decentralized Finance”.
The team said:“The release comes after a successful closed beta that attracted $165 million in deposits from over 600 institutional investors for LBTC. LBTC allows users to stakeBTC via Babylon and use it in various Decentralized Finance protocols. The initial integrations include major Decentralized Finance protocols such as Symbiotic, Morpho, Pendle, Corn, Gauntlet, Derive, EtherFi, and Gearbox.” (CoinDesk)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Lombard launches Cross-Chain Interaction to support BTCToken LBTC
Odaily Planet Daily News Lombard publicly launched LBTC, which is a “Cross-Chain Interaction BTCToken designed for use in Decentralized Finance”. The team said:“The release comes after a successful closed beta that attracted $165 million in deposits from over 600 institutional investors for LBTC. LBTC allows users to stakeBTC via Babylon and use it in various Decentralized Finance protocols. The initial integrations include major Decentralized Finance protocols such as Symbiotic, Morpho, Pendle, Corn, Gauntlet, Derive, EtherFi, and Gearbox.” (CoinDesk)