: : Who Is Most Likely to Activate the Onchain Bitcoin Market? Valuable crypto assets have the power to form economies of their own - the native tokens of leading smart contract platforms did so, the tokens of major DeFi protocols did so, and more recently, stablecoins have as well. Now, we are beginning to see that same potential with Bitcoin. @Lombard_Finance is emerging as one of the key players driving this vision. While a year may feel like a short span in the rapidly shifting crypto market, @Lombard_Finance has already achieved remarkable progress in that time. With its first product, LBTC, @Lombard_Finance proved that $BTC can function as a yield-generating asset and circulate across a wide range of platforms. Today, LBTC commands an outstanding 57%+ share of BTC LSTs, achieves over 80% utilization in DeFi, and has surpassed $2 billion in TVL. Yet simply minting and distributing an LST is not enough to transcend the existing DeFi landscape. That's why @Lombard_Finance 's...
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