Lombard Finance has achieved a remarkable milestone with its LBTC token, surpassing 13,000 in total supply. This accomplishment cements LBTC’s position as the largest Bitcoin Liquid Staking Token (LST) available in the market today. Introduced with a mission to bridge Bitcoin and decentralized finance (DeFi), Lombard Finance has quickly gained traction among users. In just three months, the platform has attracted over 40,000 users who have staked approximately $1.3 billion worth of BTC. This impressive growth rate surpasses that of Lido’s stETH, which required four months to reach a similar level of adoption and staked assets. LBTC’s utility within the
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