Bybit Unleashes DeFi Rewards for Bitcoin Staking with Lombard

Bybit, a leading cryptocurrency exchange, announced a strategic partnership to expand access to Bitcoin staking through Lombard Finance’s LBTC token. This initiative delivers a new level of DeFi yield potential for users, offering exciting rewards and opportunities within the growing ecosystem. Starting April 9th, eligible Bybit Web3 Seed Phrase Wallet users can stake their BTC via the wallet interface and gain extra points on platforms like Lombard, Babylon, and Veda. LBTC is a liquid staked Bitcoin token trusted by over 100,000 users, unlocking real yield from DeFi protocols.