For the first time, $BARD - the native token of the Lombard Protocol - will be distributed through a pre-launch Community Sale on @buidlpad.
This milestone for Lombard, marks an opportunity for the community to participate in the future of Bitcoin onchain.
One year ago, Bitcoin's $2.3T market cap sat almost entirely idle.
In just 12 months, Lombard turned Bitcoin into productive capital: bringing $2B+ BTC onchain.
Here’s how we built the foundation of Bitcoin’s onchain economy in just one year👇
Chainlink is how the world integrates into the onchain economy, and Lombard is how the world uses its Bitcoin onchain.
The world’s largest financial institutions, governments, DeFi protocols and asset issuers like Lombard use Chainlink to bring the global financial system onchain.
The @chainlink Stack (CCIP, Proof of Reserve, and Price Feeds) supports secure markets around LBTC while enhancing its transparency and utility throughout the multi-chain ecosystem.
Pleased to be included in this powerful endgame vision!
Bringing yield to BTC has turned out to be one of the hardest and most important problems in crypto.
The only way to win is to experiment, learn the hard lessons, and iterate in production.
Congrats to the Lombard team for 1 year of growth and experience. Excited to continue supporting.
Lombard turned 1.
We've been proud to support them from day 1.
We created the first real-time Proof of Reserves system for a Bitcoin LST and have maintained Lombard’s price feeds since launch.
LBTC has become the standard for yield on Bitcoin, used in DeFi across chains.
For the first time, $BARD - the native token of the Lombard Protocol - will be distributed through a pre-launch Community Sale on @buidlpad.
This milestone for Lombard, marks an opportunity for the community to participate in the future of Bitcoin onchain.
Big moment for Lombard, nearly on our 1-year anniversary of LBTC.
Liquid Bitcoin Foundation Launch
$BARD coming soon
$7mn Public Sale starting August 26th
Thanks to everyone who has supported us thus far, and surely this is just the beginning.
https://t.co/hx2NgWIzCw
Wow, you guys did not hold back!
We've received over 23.5K content submissions about Bitcoin, Lombard, and Buidlpad in the last 5 days.
Now, fellas, start getting ready for KYC and subscription coming up next 🧩
https://t.co/J4rJYU0cks
How to Manage Impermanent Loss Risks with DLMM?
This is probably the most frequent question when someone starts with DLMM and liquidity pools.
Why? Because it's an abstract concept—but I'll simplify it with a basic example:
Imagine you put 10 apples and 10 oranges in a barter market.
If the price of oranges doubles compared to apples (because they become rarer), your inventory will automatically rebalance: you will have fewer oranges and more apples.
However, if you had just held your oranges instead of putting them into the market, you would have kept more total value.
That’s impermanent loss (IL): your capital follows the market, but you lose some of the potential gains compared to simply holding the assets.
Why Is @MeteoraAG Technology Superior? How Does It Offset Impermanent Loss?
The answer comes down to a single concept: Dynamic Fees.
Let me explain:
Meteora’s dynamic fees work like a toll system that adjusts based on traffic.
If the road is empty (low trading activity in the pool), the toll is low to attract more users.
If the road is crowded (high demand on the pool), the toll increases to maximize profits.
In Meteora, trading fees automatically adjust based on market activity, allowing LPs (liquidity providers) to earn as much as possible while remaining attractive to traders.
This feature gives a significant edge over other protocols by helping to counteract impermanent loss during high volatility periods.