Lombard is about to launch #BTC into automatic yield mode! There have been a lot of recent actions 👇
1⃣️ Launched the Lux & Luminary Program points system; usually, the introduction of such points means that a token issuance is not far off.
2⃣️ All users who staked LBTC before the Babylon genesis will receive $BABY airdrops.
📌 The mechanism of Lux is to hold LBTC, participate in Vault, and engage in specific DeFi strategies.
🗺️ The newly updated roadmap clearly outlines three steps:
Phase One: Full coverage of the LBTC minting mechanism on the core chain (completed).
Phase Two: Building the capital market intermediary layer.
Phase Three: Forming a BTC cross-chain network, making BTC the foundational asset for on-chain innovation.
The activity level of the ecosystem confirms the feasibility of this strategy.
$LBTC has already been integrated into over 80 chains and protocols, with 70% of the $1.6 billion locked in being reused in DeFi scenarios.
The Lux points are just the score for this trilogy, clearly indicating that at this stage, @Lombard_Finance is not far from issuing a token.
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