LBTC revolutionizes $BTC into a yield machine and securing the future of onchain finance → First Yield-Bearing Bitcoin @Lombard_Finance positions $LBTC as a yield-bearing version of Bitcoin, unlocking new layers of capital efficiency, passive income, and onchain utility for BTC holders The key innovation lies in how the underlying BTC behind LBTC contributes to securing PoS networks via @babylonlabs_io’s Bitcoin Staking Pool This mechanism introduces a shared security model, where PoS chains pay Babylon for security → Security-as-a-Service This BTC secures multiple proof-of-stake networks including BOB, Osmosis, and TAC which pay for that security in their native governance tokens All rewards earned are converted back into BTC directly flowing back to LBTC holders as yield, aligning incentives while preserving BTC exposure It is the evolution of shared security