BTC on Starknet:
✅ Best store of value
✅ Staking asset
✅ Gas token on another layer than Bitcoin chain
We’re adding new utility to Bitcoin, and making it scalable. It’s that simple.
Slowly, then all at once.
A new major player is entering BTCfi – Starknet
For me, the trend is absolutely clear – BTCfi is cooking.
Slowly, than all at once.
Lombard and Starknet have entered into a partnership, thanks to which BTC holders now receive a yield of approximately 5% APR.
LBTC is becoming an asset staked to secure the entire Starknet L2, meaning it acts as an asset that creates security for the whole ecosystem of projects deployed on Starknet.
This new use case transforms LBTC into an asset with new functionality – a staking asset. Its role and significance are growing even more than before.
Lombard is capturing a new source of BTC staking yield, which currently has 3:
- Babylon
- Botanix
- Starknet
Another confirmation of Lombard's key role in advancing BTCfi.
The team is moving at an incredibly fast pace and is constantly delivering new products and deployments.
I love such teams and bet on them.
2.71K
22
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.