Bera Vault Update

The upgrade will embed staking rewards directly into LBTC, eliminating the need for separate claims from the Staking Yield Pool [Lombard X Post, 1945161892420575315]. Yield will stem from securing networks like Osmosis and Union, with rewards periodically swapped for LBTC, increasing its value over time without rebasing [Ibid]. This keeps LBTC liquid and DeFi-compatible, offering holders passive BTC-denominated growth. The transition is supported by updated SDKs and oracles, ensuring a smooth shift for existing holders [Ibid]. A key deadline: claim $BABY tokens from pre-April 2025 stakes by July 22, or they’ll be redistributed as yield [Ibid]. This upgrade could elevate LBTC’s adoption, especially with its current $2 billion circulation [CoinDesk, March 2025].Recent NewsLombard has been on a tear. In July 2025, they unveiled a roadmap to bring Bitcoin capital markets onchain, hitting over $1 billion in locked value within three months and adding $2 billion in liquidity across 12 blockchains [Crypto Economy, 2025-07-17]. Platforms like Aave and Pendle have integrated BTC thanks to Lombard’s efforts, while a 14-institution security consortium ensures robust custody [Ibid]. This momentum sets the stage for the yield-bearing launch.Future PlansLooking ahead, Lombard aims to expand yield sources as Babylon secures more Bitcoin Supercharged Networks (BSNs) in Q4 2025 [Lombard X Post, 1945161929804407163]. The focus is on a fully onchain Bitcoin economy, with open standards and trustless bridges to other ecosystems [Crypto Economy, 2025-07-17]. This could position LBTC as a DeFi staple, competing with assets like stETH.Onchain DataExact staking metrics for LBTC post-upgrade aren’t yet available, but its current market cap sits at $1.63 billion with a 24-hour trading volume of $5.38 million [CoinMarketCap, 2025]. Pre-upgrade, LBTC’s 260,000+ holders reflect strong adoption [Lombard X Post, 1945161892420575315]. Post-launch data will be verifiable via Chainlink and Redstone [Ibid].Community SentimentX buzz is positive, with users like @katana calling BTCfi “sharper everyday” [X Post, 1945171389746430150]. Influencers highlight the UX upgrade and yield potential, though some caution about claiming $BABY before the deadline. Sentiment leans bullish, with 400M+ $BABY airdropped earlier fueling excitement [Lombard X Post, 1910305940194349299].Additional InsightsThis launch taps into the 2025 DeFi TVL surge, with Sui hitting $1.3 billion [DefiLlama, 2025]. LBTC’s non-rebasing model offers stability amid volatile markets, appealing to both novices and pros. Competitors like Lido may feel pressure to innovate.Risk Disclaimer: Crypto investments carry volatility risks. Ensure you understand the upgrade process and claim deadlines to avoid missing out.

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