
syk233|Sep 23, 2025 10:47
Lombard @Lombard_Finance's performance after the TGE has been super impressive. I received a total of 5,000 airdropped tokens, and instead of selling them all, I decided to hold and stake a portion of them. I believe in the BTCfi narrative.
BARD is the native token of Lombard @Lombard_Finance, and besides being a governance token, it has other utilities:
◆ Voting Rights with BARD
– Vote on changes to the validator set (Lombard Alliance)
– Set protocol fees and product roadmaps
– Provide direct funding to the ecosystem through the Liquid Bitcoin Foundation
◆◆ Protocol Security
At the protocol's launch, BARD can be staked to ensure the security of cross-chain LBTC transfers.
Over time, BARD evolves into the insurance and security layer of the Lombard protocol itself.
◆◆◆ Ecosystem Development
BARD serves as the circulating currency within the ecosystem to support Lombard's growth:
– Funding for developers and researchers
– Business partnerships
– Public goods financing
◆◆◆◆ Early Access to New Protocol Features
Holding BARD comes with the following benefits:
– Discounts on vault fees
– Flash unstaking access
– Priority access to new products
In summary, BARD is the core asset of the Lombard system's ecosystem. As a scarce asset, it will play a leading role in the second wave of BTCfi's rise, with Lombard undoubtedly at the forefront.
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