Lombard is something we still need to keep an eye on these days. BARD is the token code for Lombard, and so far, it’s Lombard’s most successful fundraising effort, having been oversubscribed by 4x. According to feedback from community members, this anti-sybil attack was the strongest yet. In this context, the oversubscription shows there’s still a significant number of genuine users. The product choices made by Lombard are actually a bit better than those of its competitors. Simply put, they’ve launched LBTC for use across different chains. At the same time, they’ve integrated DeFi tools to enjoy on-chain capital yields. Currently, most people aren’t in the habit of using BTC for transactions or token transfers. This is mainly because Bitcoin’s native assets aren’t very cross-chain or mobile-friendly, so people tend to choose ETH instead. LBTC essentially addresses this shortcoming of Bitcoin. The market size for this is likely far larger than most projects. For this business to succeed, it’s crucial to see if BARD can perform even better. Lombard is led by Plokchain, and the project’s technology and product development are very solid, which is why I’ve chosen to trust it firsthand.