The sale will distribute BARD to users as part of Lombard’s effort to broaden participation in its bitcoin-focused decentralized finance (DeFi) protocol and allow community members to engage in staking, protocol utility, and governance functions. The campaign includes KYC registration and a contribution window in early September, with priority access and increased limits for Lombard Lux holders, and participation is subject to eligibility criteria and the platform’s subscription agreement. Lombard, founded in 2024, said the move builds on prior institutional backing and its LBTC product, while Buidlpad highlighted its recent traction connecting projects with verified users.

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