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For a fun Web3 community project. We are looking for a:
- Moderator
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Plasma: Launch Liquid
By integrating LayerZero as the canonical interoperability layer from day one, Plasma launched liquid and built to move capital at scale. Within three weeks of launch, it became the fastest chain to surpass $10B in deposits.
Interoperability is the foundation of free-flowing capital.
LayerZero is how you launch liquid.
https://t.co/tqqeCdR3Yl
Korea’s first multi-chain stablecoin has arrived 🇰🇷
Built by IQ AI (@iqofficial) in partnership with Frax (@fraxfinance), KRWQ has adopted LayerZero's OFT standard to move everywhere.
The Korean Won. Accessible Everywhere.
Bitcoin is heavily underutilized in DeFi.
$2.3 trillion in capital is waiting to be deployed and put to work.
Here's why @Lombard_Finance is the perfect getaway to BTCfi 🧵
➣ Bitcoin in DeFi
Despite holding a 64% market dominance, Bitcoin ($BTC) is significantly underutilized in DeFi:
- Lack of Native Yield: Unlike Ethereum (ETH), which thrives with a robust staking economy, Bitcoin lacks a similar low-risk yield source.
- Limited Cross-Chain Composability: Existing methods to integrate Bitcoin into DeFi often compromise security and decentralization.
- Fragmented Bitcoin Liquidity in DeFi: Bitcoin liquidity is dispersed across various L2s and wrapped tokens.
- Few Integrations with Core DeFi Primitives: ETH and USDC remain the preferred collateral in DeFi.
Lombard seeks to use Bitcoin as a value store and enhance its utility in decentralized finance.
➣ Mechanism
In a nutshell:
Stake your BTC → receive $LBTC (1:1 backed) → use it anywhere in DeFi.
LBTC is liquid Bitcoin: yield-bearing, cross-chain, and 1:1 backed by BTC.
@Lombard_Finance lets you earn restaking rewards without locking up your BTC.
➣ How does LBTC earn yield?
LBTC holders earn multiple yields & points:
- Babylon Staking Yield
- Babylon Points
- Lombard Lux
- Yields & incentives from destination chains/protocols
You can also boost earnings by using LBTC in DeFi:
- Liquidity provision on DEXs
- Lending or collateralizing LBTC
- Yield trading strategies
- Automated yield vaults
Lombard is built on @babylonlabs_io to create a marketplace for BTC staking. BTC holders earn rewards while keeping liquidity, allowing them to navigate freely in DeFi.
@Lombard_Finance is also plugged into Sushi, Morpho, Katana, and Chainlink’s full stack.
➣ Metrics
- TVL: $1.6b
- Unique Holders: 268k
- DeFi Vault TVL: $125m
- LBTC Supply: 14,258 $BTC
LBTC has experienced explosive growth recently. To put it in perspective, just one year ago, its TVL was less than $100 million.
➣ Final Thoughts
BTCfi continues to be one of the highest ROI niches in crypto, and projects leading this narrative are poised to excel.
@Lombard_Finance is among these leaders.
If you have any idle BTC, put it to work ASAP.
Hope you enjoyed this post and found some new VALUABLE information.
If you wanna support me, I'd appreciate a like, reply, and RT <3
"Your next swap is a conversation away."
- @Uniswap
Just tested new Uniswap AI agent on @wardenprotocol and it's smooth:
-> Input simple prompt
-> Review details
-> Approve TX with "Yes"
Done✅
Future of DeFi is Agentic interface and Warden is among the leaders here🤖
$WARD
The bars have been raised for what a Bitcoin LST should look like.
@Lombard_Finance has done such a good job with their Flagship product LBTC that it's hard to look towards other Bitcoin LSTs.
Execution is so well done that it plugs into Defi across chains with ease.
It's hard to settle for LSTs with lesser quality atp.
Your go-to DEX @CurveFinance just landed on @ton_blockchain. 🫰
Swap crypto assets directly on @telegram.
Curve Mini App makes DeFi fast, familiar, and mobile-first 👇