Tl; Dr.
- Lombard Finance launched an SDK with which portfolios and exchanges can offer Turn off BTC With a liquid token (LBTC) and an annual yield of 3%.
- The tool is intended to Activate up to $ 154 billion in inactive BTC Kept on centralized platforms, creating new income flows without changing custody.
- Binance, Bybit, Metamask, Trust WalletAnd other platforms are already improving with the integration of the system, which has surpassed $ 200 million in TVL and $ 4 billion in total volume.
Lombard Finance has launched a Software Development Kit (SDK) that makes the integration of Bitcoin deployment possible In platforms such as Digital wallet and exchanges With minimal technical setup. With this tool, users can lock up their BTC in exchange for A liquid soke called LBTCthat is automatically deposited in a Defi system with a 3% annual yield.
Lombard’s goal is to Activate a segment of the Bitcoin market that remains unused. Currently it is estimated About $ 154 billion in BTC is stored on centralized platforms without generating income. With the new SDK, fairs and portfolios can offer an extra tool that yields returns and keeps users within their own ecosystem.
Lombard’s system is a resounding success
Binance and Bybit have already integrated the systemShowing their interest in adding functions that are aimed at improving decentralized financing. Other platforms such as Xverse, Metamask and Trust wallet Also progresses with the integration. Strike is carried out by smart contracts developed by the company Veda and works inside Lombard’s Defi Vaultwhich now applies More than $ 200 million in total value.
Since the launch seven months ago, Lombard’s disease has grown into a volume of $ 4 billion. The company has also extended the use of its LBTC -Token to the Sui Blockchain, which means that the range goes beyond the most important network of Bitcoin.
New possibilities for Bitcoin
Jacob Phillips, co-founder of Lombard Finance, explained that the initiative aims Change BTC’s traditional role as a simple value of value. By using the use of the active in Defi applications, new opportunities arise for holders that leave it inactive wallet Or exchanges.
The integration of BTC sets out as a native function in popular platforms A profitable alternative to users who previously had no access to generate Bitcoin products. At the same time, it opens a new source of income for companies that take over the SDK
