Lombard has decided to partner with
Etherlink, and Tezos to bring LBTC/integrate to Etherlink. Why?
Obviously LBTC is the biggest crypto asset of the digital age, and Lombard's vision is to build multiple integrations of BTC into different DEFI financial ecosystems, just like Ethereum was able to conquer and onboard 360 billion for DEFI. While LOMBARD is not there yet, the possibilities are endless.
This partnership aligns because TEZOS is a leading layer 2 ecosystem that is fast and scalable, called rollups.
So basically, TEZOS was seeking to have a Bitcoin derivative and @LOMBARD_finance LBTC was the right choice. This isn't just a win for LBTC and Lombard; it is making BTC DEFI participation scalable and accessible, giving DEFI participants more options to test and use BTC in DEFI.
So if you're already familiar with TEZOS, LBTC is now live and accessible on Etherlink.
You can bridge LBTC to Etherlink via Lombard’s native bridge and also Stargate as well.
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