In a significant development for Bitcoin enthusiasts, a new yield feature has been launched that combines Lombard's liquid staking protocol with Figment's robust staking infrastructure. Based on the data provided in the document, this innovative solution allows users to leverage their native BTC in a decentralized manner, enhancing both yield opportunities and asset flexibility.
New Feature for Bitcoin Users
The new feature enables users to deposit their native Bitcoin through a decentralized application, which seamlessly converts BTC into LBTC. This conversion not only facilitates earning yield but also ensures that users retain control over their assets. LBTC can be utilized as collateral for various financial activities, including lending and trading.
LBTC Compatibility and Yield Strategies
Moreover, LBTC's compatibility extends across
- 15 different blockchains
In contrast to the recent advancements in Bitcoin yield features, 2025 has seen a staggering $14 billion lost to cryptocurrency theft, highlighting significant security concerns in the digital asset space. For more details, see record losses.
