Bitcoin financial products startup Lombard Finance has announced the launch of a brand-new 'Bitcoin Onchain Credit Strategy' and invited market maker Flow Traders as its first pilot partner. This strategy allows Flow Traders to borrow stablecoins for market-making activities without pledging their own on-chain collateral. Instead, users deposit Bitcoin into Lombard's 'Bitcoin Earn' yield meta-vault, which provides collateral coverage through Cap's private credit platform underwriting mechanism. The underwriting premium will be returned as yield to Bitcoin Earn depositors. (TheBlock) https://www.(wublock123.com)/news/news-65185