🟢 Lombard LBTC is set to change to Yield Bearing, where interest will soon accumulate!! An update has been posted that Lombard @Lombard_Finance will change LBTC into an asset that accumulates interest. Now, just holding LBTC will increase its value!!! -> The structure is simply understood as Babylon Staking Pool. Using Babylon, rewards such as BABY, TAC, BOB, Osmosis, etc., will be swapped into LBTC, thereby increasing its value. It has been announced that this structure is designed to absorb the rewards automatically into LBTC. To put it positively, the rewards generated are automated to be absorbed into LBTC. To put it negatively, since all staking rewards are eventually sold, will there be continuous selling pressure on those building on Babylon? In short, it automatically sells various rewards and converts them into Bitcoin!! I personally like this part! 📱 (Update 25.02.13) Upcoming Bitcoin restaking, efficiency at 0. Lombard airdrop A to Z guide (Feat. Bitcoin interest, Babylon, Corn, Veda) ( #BTC #restaking #Lombard #Babylon
Product upgrade: Yield-bearing LBTC launching on 22 July LBTC is getting an upgrade and becoming a yield-bearing asset — unlocking native BTC-denominated yield, with the same liquidity and DeFi compatibility 260K+ holders know and love. Check out this major UX upgrade👇
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