@Lombard_Finance is built on Babylon, so somehow Lombard leverages Babylon's infrastructure to actually build a permissionless BTC protocol that utilizes proof of stake, which we know is the consensus mechanism of the BTC ecosystem. So while Babylon itself is a marketplace for BTC economic security, which now serves as a home for Lombard, we must not be quick to forget that Lombard actually improves it (Babylon) by providing an important infrastructure to the supply aspect of Babylon's marketplace, for BTC economic security, by offering scaling, yield optimization, BTC DeFi participation, and even liquidity solutions.. Lombard finance is a big player in the BTC ecosystem by these standards, and this is due to the staking infrastructure, the cross-chain architectural integration, and its massive integration with major default vaults across native DeFi protocols like KATANA. So we cannot dismiss @Lombard_Finance as just another protocol built on Babylon; it brings its utility and contributes to the core principles of BTC DeFi to Babylon. With a massive TVL of $1.6B and DeFi vault TVL of over $126M and LBTC supply of over 14K BTC. Listed by Greyscale as an already considered asset. This crypto cycle market narrative has been all about institutions. Blackrock, Greyscale, and many others. This means the BTC ecosystem is an exploration waiting to explode, and we don't have enough protocols ready to onboard this big money. Don't forget that this massive money inflow will soon seek DeFi opportunities, and opportunities as LOMBARD channels this interest, even back to other Babylon ecosystem protocols like pumpBTC, for example.