Lombard - Figment

Lombard (LBTC)

Lombard transforms Bitcoin from a passive asset into a productive one by issuing LBTC, a liquid, reward-producing Bitcoin token backed 1:1 by BTC. Built on the Babylon protocol, LBTC enables users to earn staking rewards and participate in DeFi across multiple networks, without compromising Bitcoin’s security or value.

Market Cap

$43.4M

Staking Reward Rate*

Data not available

Price

$0.13

Auto-Compounding

Yes

Reward Frequency

Every block

Activation

Immediate

Withdrawal

9 days

Slashing Penalties Enabled

Yes

*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.

Why Stake Lombard With Figment?

Lombard Staking FAQ

What is LBTC?
LBTC is a 1:1 Bitcoin-backed token that allows BTC holders to earn staking rewards and access DeFi—without selling or wrapping their BTC.

How do I stake BTC with Lombard?
Deposit BTC through the Lombard app or supported partners (like Figment), and you’ll receive LBTC instantly in return.

Where do rewards come from?
Staking rewards are generated via participation in Babylon’s security layer and are automatically converted into BTC to grow the value of LBTC.

Can I trade or use LBTC in DeFi?
Yes—LBTC is live across multiple networks (Ethereum, Solana, Cosmos) and can be used in DeFi apps just like any other token.

Is there a lock-up or unbonding period?
Yes—unstaking BTC from LBTC involves a ~9-day redemption period before your BTC is returned.

Explore Additional Protocols

Figment supports 30+ established and emerging protocols. Learn how to stake with Figment.

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