Lombard has teamed up with Chainlink and Symbiotic to introduce BARD token utility through re-staking and launched the first cross-chain LBTC cryptoeconomic guarantee layer
On September 15, 2025, Lombard announced a groundbreaking tripartite collaboration with Chainlink and Symbiotic to introduce BARD token utility through re-staking and launch the industry's first economically secured cross-chain bridging solution. This collaboration combines Chainlink's Cross-Chain Interoperability Protocol (CCIP) with the Symbiotic Universal Staking Framework to create an additional layer of cryptoeconomic safeguards for LBTC cross-chain transfers, marking a new phase in DeFi infrastructure security.
The collaboration establishes a new standard for top-tier BTC derivatives while achieving maximum interoperability and cryptoeconomic security by integrating Symbiotic's permissionless restaking architecture with CCIP's modular security framework. This innovative model directly aligns the protocol's cryptoeconomic safeguards with BARD token utility, providing tangible value to token holders from day one. This collaboration demonstrates the strong flexibility of...