Lombard is the largest LRT protocol on Babylon.
The team is only who adheres to decentralization principles, distributing BTC stakes among five providers:
- Lombard
- Kiln
- P2P .org
- Figment
- Galaxy
This makes @Lombard_Finance an LST protocol, distributing deposits across validators for enhanced decentralization and security. This approach shows their commitment to advancing the industry, not just profit exctracting from its leadership.
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3-in-1:
LST + LRT + $LBTC
In the Ethereum ecosystem, this would combine Lido, EtherFi, and WBTC.
Now you should think what opening significant valuation prospects for the project.
Now think about the prospects that open up for a project that unites 3 major protocols and operates in an ecosystem that is potentially 4 times larger than Ethereum?
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