Lombard is a platform that transforms Bitcoin from a store of value into a productive financial tool by connecting it to decentralized finance (DeFi) through its secure liquid staked token, LBTC. Lombard has not officially confirmed a token airdrop, but staking Bitcoin and earning Lombard Lux points might qualify users for a potential airdrop if a token launches. Here is our Lombard token airdrop guide.
Check out our step by step guide!
What is Lombard?
Lombard is a platform that aims to enhance Bitcoin’s utility by connecting it to decentralized finance (DeFi) through its secure liquid staked token, LBTC. LBTC allows users to earn yields, participate in DeFi, and maintain the value of their Bitcoin. Lombard has raised US$17 million so far with investors such as Polychain Capital, Franklin Templeton, OKX Ventures, and Robot Ventures.
How to get the Lombard token airdrop?
Here is a guide on how to get the potential Lombard token airdrop
- Connect to Lombard
Connect your wallet to https://www.lombard.finance/app/stake/
- Get LBTC
Click on “Get LBTC” at the top of the page. Choose which assets to stake for LBTC. Select the amount you wish to stake and click “Get LBTC”
- Deposit into vaults for Lux points
Click “Explore DeFi” and choose a vault. Choose which network your LBTC is on. Click “LBTC” and you will be taken a separate page. Select the amount of LBTC, WBTC or cbBTC you wish to deposit. Finally click “Deposit” and follow the steps to complete the transaction. Note some vaults may offer multipliers on Lombard Lux points (e.g. Upshift Vault)!