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🟨UNLOCKING BITCOIN'S DEFI POTENTIAL

🟨UNLOCKING BITCOIN'S DEFI POTENTIAL

Giorno: 08 luglio 2024 | Ora : 08:46 Lombard is a project aiming to connect Bitcoin with DeFi to leverage its potential as a dynamic financial tool. Their main product, LBTC, is a cross-liquidity Bitcoin that allows BTC to be moved across different chains without dispersing liquidity. However, Bitcoin's success in the DeFi space is still limited due to the lack of native yields, lack of cross-chain combinability, liquidity dispersion, and lack of acceptance in DeFi. Lombard seeks to address these challenges to unlock the potential of billions of dollars of inactive Bitcoin in the market. Source