Lombard LBTC: From Liquid Assets to Productive Capital Before August 2025, holding Bitcoin mainly relied on price appreciation, while introducing it into DeFi for yield often came with extremely high operational barriers and token conversion risks. ❌ Tedious manual claiming: Previously, users participating in staking through Lombard @Lombard_Finance had to manually claim rewards via a dedicated website, and the rewards were often non-BTC tokens. ❌ Friction in DeFi integration: The lack of a unified "yield" standard limited BTC's efficiency in on-chain lending and liquidity pools. ■ Simulating Ethereum staking with the "BTC In, More BTC Out" model With this upgrade, Lombard @Lombard_Finance has drawn inspiration from Ethereum staking's success, simplifying and automating the yield logic: ① Native yield accumulation ② Automated conversion and compounding ③ Seamless DeFi integration This upgrade transforms Bitcoin from a passive store of value into an active productive asset. For Lombard @Lombard_Finance, it also perfectly aligns with its positioning by reshaping lending efficiency, creating a "green channel" for institutional entry, and driving Bitcoin financialization (BTCFi).