How will Bard perform after its launch? BARD hasn't launched yet, but this new use case is quite interesting. It's being used directly as collateral for LBTC cross-chain security, and it even offers a starting annualized yield of 240%! What does this mean for the coin price? ※ At the beginning of the launch, unless something unexpected happens, many people will choose to stake, which will reduce the market circulation! ※ The market cap of LBTC is already $2 billion; the more cross-chain integrations there are, the greater the demand for staking BARD. ※ The narrative is also easy to explain; this is not an air governance coin but a protocol security asset! Of course, in the short term, we are looking at TGE hype + high APY, while in the medium to long term, we will still focus on the usage of LBTC. If LBTC truly becomes the standard for Bitcoin cross-chain, then the demand for BARD will rise significantly! Although it hasn't launched yet, it has already tied its value logic...
A tripartite collaboration creates a new stage for economic security! Last night I saw that Lombard partnered with Chainlink & Symbiotic. This collaboration has opened up a new situation by adding an economic security layer to the cross-chain process of LBTC for the first time. Previously, cross-chain relied more on technical guarantees, but now there’s an additional layer of real collateral backing it up! ▰▰▰▰▰▰ How does it work specifically? ※ Chainlink uses CCIP to create a cross-chain highway ※ Symbiotic brings $LINK and the upcoming $BARD into the Vault, turning them into collateral ※ Lombard provides the LBTC itself and is responsible for sending Bitcoin to various chains This means that every time LBTC crosses chains, it’s not just a process; there’s actual funding monitoring it, and if something goes wrong, accountability can be pursued directly! What’s even more interesting is $BARD. Many might think this is just Lombard's governance token, but now it has directly...
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