Babe, today let's talk about the Binance HODLer Airdrop Project #41 @Lombard_Finance ($BARD ), let's take a look together!

➢Let's first talk about what Lombard is actually doing?
Most of the bitcoins in our hands are quite "idle"; either they are lying in cold wallets as digital gold or collecting dust on exchanges, essentially yielding no returns.

◇ Lombard wants to bring these bitcoins to life, and the core is its LBTC.
• LBTC is pegged to Bitcoin at a 1:1 ratio. By exchanging Bitcoin for LBTC, you can gain approximately 1% BTC-denominated returns and use it for DeFi: lending and providing liquidity are both options. It effectively transforms Bitcoin from a "store of value" into an asset that "can generate income."

• What is even more reassuring is that LBTC is backed by 14 top institutions, such as Galaxy and Amber Group, which are veteran players in the crypto space, providing a guarantee for safety.

• The total locked value of LBTC has now exceeded 1.5 billion USD, breaking through the 1 billion mark in just 92 days, which is faster than established projects like Ethena and Lido, indicating that the market indeed recognizes this.

➢Core Token $BARD : Not just for trading.
The $BARD that is launching on Binance this time is the "engine" of the Lombard ecosystem, not just a purely speculative token.

◇Let's talk about the key token economics first:
• The total supply is 1 billion coins, with 225 million coins currently in circulation, accounting for 22.5%. This is not too high, so short-term selling pressure will not be particularly large.

• The remaining tokens will gradually unlock over 48 months, and part of the investors and team will have to wait 12 months before they start to be released, indicating that the project party intends to operate in the long term.

◇Its utility is very practical:
You can vote to decide major protocol issues (such as how fees are set), staking BARD can ensure LBTC cross-chain security while also earning returns, holding it allows you to access new features first, and some tokens will even be used to support ecological research and development. The more people use the ecosystem, the more stable the value of BARD will be.

➢Team and Endorsement
◇Whether a project is worth looking into is crucially dependent on the team and investors.
Lombard was established in April 2024, co-founder Jacob Phillips has worked at top VCs like Polychain Capital, and the research, strategy, and product leads either come from major platforms like Coinbase or have experience with DeFi projects like Babylon and Maple, ensuring a high level of expertise.

◇The financing aspect is even more impressive:
The seed round raised $16 million, with investors including top players like Polychain and Franklin Templeton. Later, an additional $1 million strategic investment was added, bringing the total financing to $17 million.

The public offering is even more impressive, with a quota of 6.75 million attracting 94 million in funds, an oversubscription of 1400%, indicating that both institutions and the market have a lot of confidence in it.

➢Is the future worth looking forward to?
◇Let's start with the positive aspects:
With such a large market value for Bitcoin, even activating a small portion into DeFi presents an astonishing space. Now Lombard has partnered with Chainlink and Symbiotic to enhance security and functionality, coupled with the liquidity provided by Binance. If they can attract more developers and users in the future, the potential is indeed considerable.

◇But risks must also be reminded:
DeFi itself has the risk of smart contract vulnerabilities, and cross-chain operations can be a bit complex for beginners. Additionally, there may be early investors dumping coins when it first goes live, leading to significant price fluctuations. The community predicts the short-term price will fluctuate between $0.5 and $1.1. If you want to participate, you need to be mentally prepared.

➢How to get the Binance HODLer Airdrop?
◇The Binance HODLer Airdrop is calculated based on the amount of BNB the user has held previously. As long as you hold BNB, you can receive the token airdrop.

◇Buy principal guaranteed coins with BNB (whether fixed-term or current), you can automatically receive this Airdrop, and also get Launchpool and Megadrop rewards.

◇If you buy on-chain coin earning products, you can also automatically receive Airdrop and Launchpool rewards.

◇Moreover, it is more hassle-free than other ways to earn coins, as it rewards based on previous actions, without the need to constantly monitor operations. Just buy the corresponding products and wait to receive rewards, which is quite convenient for users.

➢If everyone also wants to receive Airdrop, holding BNB is a good choice.

Overall, Lombard is not just a炒概念; it is genuinely addressing the problem of Bitcoin "not making money." Although there are fluctuations in the short term, the direction of Bitcoin DeFi indeed has imaginative potential. Those interested can pay more attention to the progress of LBTC's implementation.

➢For more information and benefits for HODLers, you can click to view:
#Binance  Binance HODLer