Restaking
Lombard is focused on leveraging Bitcoin's potential within decentralized finance (DeFi) by establishing it as a versatile financial instrument. Lombard aims to create a universal standard for Bitcoin, supported by key ecosystem players aligned with Bitcoin's ethos.
Collect Lombard and Babylon points by doing the following: ✅ Stake BTC on Bitcoin network to get LBTC or buy LBTC directly from a DEX on Ethereum mainnet ✅ Deposit LBTC in the Lombard vault ✅ Provide liquidity or deposit LBTC in partner protocols such as SatLayer
Lombard's LBTC (liquid staked BTC) allows holders to farm several tokenless projects simultaneously.
Here are some 3-in-1 combinations from the following projects:
Requirements:
✅ Obtain LBTC
Firstly, obtain LBTC on Ethereum network by staking native BTC or alternatively by swapping ETH to LBTC:
https://www.lombard.finance/app/?referrer=b9qwn6
🔸 Strategy #1 - Babylon + Lombard + SatLayer:
Deposit your LBTC to SatLayer to earn points from 3 projects
https://stake.satlayer.xyz/dashboard
🔸 Strategy #2 - Babylon + Lombard + Corn + Veda:
Deposit your LBTC to Lombard's DeFi vault to earn points from 4 projects
https://www.lombard.finance/app/vault
🔸 Strategy #3 - Babylon + Lombard + Symbiotic:
Deposit your LBTC to Symbiotic to earn points from 3 projects
https://app.symbiotic.fi/restake
🔸 Strategy #4 - Babylon + Lombard + Karak:
Deposit your LBTC to Karak to earn points from 3 projects
🔸 Strategy #5 - Babylon + Lombard + Pell:
Deposit your LBTC to Pell to earn points from 3 projects
https://app.pell.network/points
This is not financial advice. Staking BTC, which carries some risk, can be beneficial for those who already own and hold it. However, buying now with hopes of future airdrops might lead to disappointment. Always DYOR.
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