Xverse Earn Integrates Lombard Protocol for Native BTC Yield

We’re excited to announce that Xverse Earn has integrated the Lombard SDK for the launch of our new Bitcoin staking product, providing a new way for our users to earn native Bitcoin yield.

With over $1.5B in LBTC in circulation, Lombard is unlocking the potential of Bitcoin across the DeFi ecosystem by integrating LBTC with all major DeFi protocols across 12 chains 

At Xverse, we’re committed to providing our users with transparent yield-generation opportunities in BTCFi. The new integration adds another potential earning source and opens up even more DeFi possibilities to our users.

What Is the Lombard Protocol?

Lombard is building full-stack infrastructure to grow Bitcoin Capital Markets onchain, unlocking the full potential of the most important asset of our generation - Bitcoin. Lombard first established market leadership with $LBTC, Bitcoin’s leading yield-bearing asset. Fully backed by BTC and composable across DeFi, it generates yield from staking the underlying BTC to the Babylon protocol.

When you stake BTC, you receive LBTC, a secure, yield-bearing, and DeFi-ready Bitcoin. Your $BTC is securely staked on the Babylon network, and the liquid LBTC token is released to you.

For users seeking enhanced, automated DeFi yields up to 2% above the base staking yield, Lombard also offer the DeFi Vault. This Vault deploys your assets in various strategies, such as those on Curve and Aave, to generate additional returns compounded automatically.

Exclusive Launch Offer: Earn Up to 6x Lombard Lux!

For a limited time, you can supercharge your yield with a massive points multiplier just for staking through Xverse Earn.Lombard Lux is the rewards system for the Lombard protocol and tracks contributions so we can reward in many ways over time.

Here’s how the bonus works:

• Stake and Bake (6x Bonus): Opt for the automated DeFi vault (LBTCv) to maximize your returns with a legendary 6x Lux multiplier.
• Stake BTC (4x Bonus): Use the standard staking option to receive LBTC and earn a huge 4x Lux multiplier on your contribution.

This is the perfect time to not only start earning native BTC yield but also to stack up on ecosystem rewards. This special launch offer is for a limited time only!

The Lombard SDK Integration Brings a New Way to Earn Yield on Native Bitcoin to Xverse Earn

Through the integration with the Lombard SDK, Xverse Earn has now welcomed a new, powerful approach to earning native BTC yield for our users.

The integration provides a great way to earn yield and to explore different DeFi possibilities offered by Lombard from an already well-known starting point, your Xverse wallet and web app.

How to Earn Yield on Native Bitcoin Using Lombard on Xverse Earn

There are two main ways to earn yield using our new Lombard integration. Let’s go through both options.

Stake BTC

When you simply stake BTC, you’ll receive the LBTC liquid staking token in return. In this case, your yield is generated from the Babylon Network.

The Lombard Protocol automatically handles converting these rewards to increase the value of your LBTC over time. This means each LBTC token you hold becomes redeemable for more $BTC, growing your position passively without you needing to claim or manage separate reward tokens.

The LBTC token itself remains liquid and can be used further in select lending and borrowing protocols, across DEXs, and more.

Stake and Bake BTC

When opting for the Stake and Bake option, your BTC is first staked for LBTC and then automatically deposited into a Lombard DeFi Vault. You receive the LBTCv token, which is the vault share token. This process is the most straightforward way to earn compound yield.

Using Stake and Bake allows you to earn from two sources at once: the base yield from Babylon staking rewards, plus additional DeFi yields up to  2%.

The benefit of this option is its potential for higher APY and a completely hands-off experience designed to optimize your returns.

Why We Are Excited About the Lombard SDK Integration

For Xverse, the Lombard SDK integration means another way in which we’re driving Bitcoin DeFi possibilities on Bitcoin. For our users, Lombard is makes it possible for you to earn yield directly on BTC whilst keeping your Bitcoin exposure intact.

Combining a trusted wallet and web app interface with Lombard, a strong, secure, and audited Bitcoin platform, Xverse Earn lets users find new ways to generate passive income, engage in Babylon staking, and explore new DeFi yield opportunities.

Start Earning Yield on Native Bitcoin With Xverse Earn

You can start earning yield on native bitcoin through Xverse Earn today. 

Just download the wallet, connect it to the Xverse Earn app, then browse through the available strategies for something that works for you and your preferences. 

Along with Lombard, we’ve assembled a list of DeFi yield options to satisfy a wide range of requirements.

Download Xverse wallet today to start your Bitcoin DeFi adventure.