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BARD
BARD

Lombard price

Lombard Feed

The following content is sourced from .
Picolas Cage
Picolas Cage
Symbiotic, Lombard and Chainlink 🤝 @symbioticfi has made a key partnership with Lombard and Chainlink to bring a new 'guarantee layer' for safer cross-chain bridging with $LBTC The integration secures transfers of Lombard Staked Bitcoin (LBTC) across blockchains using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), marking two major industry firsts: the first production deployment of economically secured cross-chain bridging and the first time Chainlink has enabled staking outside its own infrastructure. Why it matters? > Safer bridges for Bitcoin products like $LBTC = more trust from institutions = more liquidity for all of DeFi > New utility use case for $LINK & $BARD as two new vaults are launched. > $BARD holders can now stake within the Lombard App to secure the new cross-chain LBTC transfers and earn up to 240% APY.... The new staking vaults bring more utility to $BARD holders. With the @Lombard_Finance airdrop checker tomorrow you can claim on the 18th - you might want to stake some of your $LBTC and earn rewards. Best combo we’ve seen in a while — Symbiotic staking × Chainlink infra × LBTC adoption. Big win for the whole ecosystem.
Symbiotic
Symbiotic
Symbiotic is live with @Chainlink's CCIP and @Lombard_Finance to power the first economically secured cross-chain Bitcoin transfers. With new tokens launching daily, staking is more relevant than ever. Symbiotic allows verifiable economic security at any protocol stage.
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Eugene Bulltime
Eugene Bulltime
The first utility of BARD is staking. Even in the issue of tokenomics, the Lombard team is creating an innovative approach. They launched a 2-tier staking system for $BARD based on cryptoeconomic security First, they launched staking through Symbiotic. In practice, this means that validators will constantly monitor how LBTC moves between networks. If they notice harmful actions encouraging an attack on the protocol, they will receive a slash of BARD and lose the opportunity to participate in the protocol. Secondly, the innovation is that validators do not execute transactions themselves, but monitor the CCIP protocol from Chainlink. Thus, Chainlink oracles are under constant surveillance, in addition to the fact that they also internally verify the correctness of messages. This approach provides a 2-tiered security with built-in economic incentives - if everything works correctly, Symbiotic oracles and validators receive rewards, if an attack is detected, slashing is applied. Mellow Protocol is used to manage and distribute the stake and rewards, which manages the vault inside Symbiotic. Lombard has come up with the first staking system of its kind for dApps, which can potentially be extended to many other projects. This once again emphasizes the fact that the team is highly professional in their approach to the implementation of their tasks and has very strong qualifications that will allow them to grow the business in the future.
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Lombard
Lombard
Introducing the first economically secured cross-chain bridging solution. The collaboration combines @chainlink's CCIP with @symbioticfi's universal staking framework to introduce additional economic assurance for users transferring LBTC between blockchains.
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Felix Lutsch
Felix Lutsch
Chainlink and Lombard understand the power of modular security and universal staking. Do you anon? Whether you're starting to explore a "network token" or want to bring utility to existing assets. #based
Chainlink
Chainlink
.@Lombard_Finance is enhancing their use of Chainlink CCIP for cross-chain LBTC transfers by incorporating @symbioticfi for additional cryptoeconomic guarantees. Symbiotic LINK and BARD vaults will back a Symbiotic-powered network designed to monitor and flag potential anomalies when LBTC is transferred cross-chain. This first-of-its-kind development is made possible by CCIP’s extensive support for modular security, which enables token developers to incorporate additional custom safeguards into how their tokens move across chains.
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About Lombard (BARD)

Lombard is a DeFi initiative aimed at transforming Bitcoin's utility through LBTC, a liquid staked Bitcoin token that facilitates yield earning and DeFi participation.
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Lombard FAQ

What is cryptocurrency?
Cryptocurrencies, such as BARD, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BARD have been created as well.
Can I buy BARD on OKX?
No, currently BARD is unavailable on OKX. To stay updated on when BARD becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of BARD fluctuate?
The price of BARD fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.

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