Babylon Bitcoin Staking Mainnet Phase-2

Event Details: Kraken, a well-known crypto exchange and staking service provider, has joined the Lombard decentralized validator network consortium. This collaboration aims to enhance institutional-grade security for the Lombard Protocol and its associated token LBTC. The event date is September 22, 2025.Recent News: Kraken has been actively expanding its institutional offerings and staking infrastructure. In recent months, it has partnered with various blockchain projects to increase network security and staking capabilities. Lombard Protocol has been building out its decentralized validator network to improve robustness and security.Future Plans: Following this partnership, Lombard plans to leverage secure validator infrastructure to boost protocol reliability and encourage further institutional involvement. Kraken’s participation is anticipated to drive broader adoption and trust in the Lombard ecosystem.Onchain Data: * Tokens unlocked: Not publicly available * TVL: Not publicly available * 24h / 7d transaction volume: Not publicly available * Wallet growth / new wallets: Not publicly available * Staking participation: Not publicly available * Contract interaction counts: Not publicly available * Exchange inflows/outflows: Not publicly availableCommunity Sentiment: Positive — The community welcomes Kraken’s involvement as a sign of growing institutional trust and security for Lombard. Discussions on social media reflect optimism for enhanced security and network maturity through this partnership.Sources used: https://x.com/Lombard_Finance/status/1970006173803008268

Lombard Finance has launched LBTC, its Bitcoin-based DeFi asset, on the Starknet layer-2 network as part of the BTCFi Season initiative. This integration took place on October 8, 2025, enabling Bitcoin financial innovations leveraging Starknet's scalability and security. The launch positions LBTC as a key BTCFi asset on Starknet, boosting Bitcoin utility in decentralized finance. Recent News In the last three months, Lombard Finance has actively promoted BTCFi, including announcing a $100 million STRK incentive program on Starknet aimed at incentivizing Bitcoin DeFi adoption. The project reported robust TVL and growing community interest. Additionally, partnerships and staking upgrades have contributed to increased protocol activity and prominence. Future Plans Lombard Finance plans to expand LBTC's ecosystem by enhancing staking rewards, broadening cross-chain BTCFi mechanics, and scaling LBTC utility applications within the DeFi sector on Starknet. Roadmap insights point to ongoing integrations and liquidity incentives to cement LBTC's role in Bitcoin DeFi. Onchain Data TVL: Over $1.5 billion reported by Lombard Finance protocols. Staking participation: Active with new incentive programs launched. Community Sentiment Positive — The community on X/Twitter expresses optimism about LBTC's integration on Starknet, highlighting increased BTC utility and DeFi opportunities. Some users note excitement for the BTCFi Season incentives and broader ecosystem impact. Quotes include "LBTC integration on Starknet is a game changer," "BTCFi incentives are huge for adoption," and "Lombard is pushing Bitcoin DeFi forward." Risk Disclaimer This event involves significant protocol and token integration that may affect LBTC's market activity. Users should conduct due diligence and be aware of usual DeFi risks. Sources used https://x.com/Starknet/status/1975894551899279558 https://messari.io/project/starknet https://www.mexc.com/en-GB/news/starknets-btc-staking-on-mainnet-goes-live-on-sept-30 https://x.com/AlitaIntel/status/1975151165374407046