Lombard launches Cross-Chain Interaction to support BTCToken LBTC

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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)

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· 2024-08-29 02:52
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