PANews April 29, according to The Block, Bitcoin re-staking platform Lombard has partnered with the Eigen Foundation, which oversees the governance of the Ethereum re-staking protocol EigenLayer, to introduce Lombard's liquid staking token LBTC into the EigenLayer re-staking ecosystem. This collaboration allows Bitcoin holders to earn basic returns through the Babylon Protocol while participating in EigenLayer re-staking for additional rewards. Jacob Phillips, co-founder of Lombard, stated that this is the first time Bitcoin is accessing the re-staking ecosystem in the form of LBTC, marking a breakthrough in Bitcoin's shift from a value storage to an income tool. Both parties also plan to strengthen Bitcoin's re-collateralization security and slashing design through collaboration in the next six months.
Lombard collaborates with Eigen Foundation to introduce Bitcoin re-collateralization into the EigenLayer ecosystem
View original
PANews2025/04/29 00:33
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Revolut to Establish Technology Hub in Manila, Philippines
金色财经•2025/07/30 06:11
Opinion: Aggressive Rate Cuts Could Damage the Fed’s Reputation, This Meeting Expected to Reiterate Patience
Chaincatcher•2025/07/30 06:01
Hunan You County Police Crack USDT Scam: Three-Person Gang Posed as "Crypto Socialites" to Steal Cryptocurrency
Chaincatcher•2025/07/30 04:49
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$118,153.96
-0.76%

Ethereum
ETH
$3,817.53
-0.05%

XRP
XRP
$3.14
-0.45%

Tether USDt
USDT
$1
+0.00%

BNB
BNB
$801.71
-3.64%

Solana
SOL
$181.27
-2.11%

USDC
USDC
$1
+0.01%

Dogecoin
DOGE
$0.2236
-2.31%

TRON
TRX
$0.3360
+1.85%

Cardano
ADA
$0.7846
-1.77%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now