💲 Binance Labs Backs Liquid Staking Project for BTC — Lombard
The platform offers the ability to stake BTC and receive a liquid staking token, LBTC, on the Ethereum network. It can then be used in the DeFi sector.
✔️ Thanks to investments from Binance, the team plans to expand access to LBTC through new blockchains. BNB Chain will be the first blockchain to support LBTC. BTCB holders will be able to receive Lombard's liquid staking token.