🚀 A new battle for dominance in the DeFi space is heating up! With nearly $132 billion locked in DeFi protocols, Bitcoin-based DeFi protocol Lombard Finance is shaking things up with LBTC, a liquid bitcoin token. Their goal? To make Bitcoin the collateral of choice, challenging ETH's current reign.

- Bitcoin has surged 133% this year, while ETH has risen 54%.

- Lombard's LBTC aims to offer yield, similar to staked ETH.

- Fierce competition from existing tokens like wBTC and stETH.

Will Bitcoin become the new DeFi king? Share your thoughts in the comments!