LBTC is one of the few BTCFi products not driven by marketing. Nowadays, there are plenty of projects claiming to involve BTC in DeFi. Most of them reuse the traditional wBTC + farm model, just adding some UI and connecting a few pools, thinking they are activating Bitcoin.~ But Lombard's approach is different. It doesn't rely on packaging; instead, it addresses a fundamental question: What happens if we treat Bitcoin as a safe asset rather than just collateral? ▰▰▰▰ It's not about redistributing the cake; it's about inviting Bitcoin into the kitchen. The core logic of LBTC is simple: it transforms BTC into a native asset that can participate in PoS security, generate on-chain yields, and remain liquid. This design is not tailored for a specific track but serves as a patch for the entire on-chain economic structure: ※ For protocol parties LBTC is a BTC asset with yield, eliminating the need to re-educate the market; it can be directly integrated using the LST/LRT model. ※ For the ecosystem This doesn't siphon funds from other chains; it introduces new BTC liquidity and real net inflows. ※ For PoS networks This is the first opportunity to use BTC in a security mechanism. Through Babylon, BTC holders become security contributors. ※ For BTC holders Finally, there's a path to earn real yields without selling coins or engaging in lending arbitrage. With Babylon's staking, DeFi's LP, and the incentive combinations of BABY and Lombard Lux, the path is clear. This is quite rare. LBTC doesn't draw from existing liquidity pools; it brings in BTC that previously had no entry! ▰▰▰▰ Core Value LBTC is essentially not an innovative asset but a universal interface: It connects the value and trust foundation of BTC / the security mechanism of PoS / and the liquidity play of DeFi together! And this interface is something no one has successfully created before! Most teams don't understand BTC, and their goal isn't to build infrastructure; they just want to get Bitcoin moving.~ The Lombard team, coming from Polychain, Babylon, Argent, and Maple, is genuinely experienced and patient! So they understand the workings of Bitcoin and liquidity better than anyone else! ▰▰▰▰ Conclusion I'm not sure how far LBTC can go in the end. But one thing I can be sure of is that it isn't competing for opportunities with others; it's opening up a space that no one has been able to enter. And projects like this are worth paying attention to! Because no one has succeeded, it's their fortress!