Lombard, in collaboration with Chainlink and Symbiotic, introduces BARD token utility through heavy staking and launches the first cross chain LBTC cryptographic economic security layer Odaily Planet Daily News: Lombard announced a groundbreaking tripartite partnership with Chainlink and Symbiotic to introduce BARD token utility through heavy staking and launch the industry's first cross chain bridging solution for economic security. This collaboration combines Chainlink's Cross Chain Interoperability Protocol (CCIP) with Symbiotic's Universal Pledge Framework to create an additional layer of cryptographic economic security for LBTC cross chain transmission. This collaboration establishes a new standard for top-level BTC derivatives to achieve maximum interoperability and cryptographic economic security by integrating Symbiotic's permissionless heavy collateral architecture with CCIP's modular security framework. This innovative model directly aligns the economic security of protocol cryptography with the utility of BARD tokens. Through token developer authentication and integration with external cryptographic economic systems, asset issuers can customize protection schemes for cross chain transfers without the need for any modifications to CCIP itself. We are pleased to collaborate with Symbiotic and Lombard to enhance the cryptographic economy of cross chain LBTC transmission, highlighting the flexibility of CCIP modular security architecture to meet any use case requirement. ”Johann Eid, Chief Business Officer of Chainlink Labs, stated. As a chain independent Bitcoin derivative designed to flow freely within the DeFi ecosystem, LBTC requires infrastructure that matches its ambition. Every cross chain transmission now benefits from dual layer protection: Chainlink's time validated CCIP infrastructure and Symbiotic's cryptographic economic security model. Lombard co-founder Jacob Phillips said, "LBTC is a chain independent asset that meets cross network needs rather than being limited to a single network. LBTC holders hope to freely transfer Bitcoin to where the best opportunity lies, while expecting uncompromising security. Pairing the CCIP architecture with Symbiotic's high-quality collateral to provide stronger economic security for the community. Each pledged BARD enhances LBTC robustness, aligns incentives, and strengthens interoperability stack integrity. ”This integration introduces instant utility for BARD token holders, who can directly participate in the protocol's cryptographic economic security through a transparent staking mechanism. The staking feature will be available on the Lombard app, where users can enjoy a BARD pricing benefit of 240% APY at launch (decreasing over time) and receive additional incentives from partners. The staking architecture is supported by Mellow's multi vault infrastructure. When a user pledges BARD, the tokens are deposited into a vault system directly connected to Symbiotic. The backend automatically processes complex operations such as entrusted liquidity, compound rewards, and management exits, and users only need to hold treasury shares to receive returns.