# 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?

- Earn Native BTC Rewards – Gain staking rewards without giving up your BTC exposure.
- Security-First Design – Built on Babylon with institutional-grade validator slashing protections.
- Fully Liquid – LBTC is 1:1 backed by BTC and tradable across Ethereum, Solana, and Cosmos.
- Auto-Compounding – Rewards are automatically reinvested, no claims or gas required.
- Cross-Chain DeFi Access – Use LBTC in a growing ecosystem of Bitcoin Secured Networks (BSNs).

## 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.

Ethereum  
ETH

Solana  
SOL

Celestia  
TIA

Polkadot  
DOT

Polygon  
Matic

Sui  
Sui

Avalanche  
Avax

Cosmos  
Atom

Aptos  
apt

Near  
Near