Lombard Price in India (BARD)

Lombard is a crypto platform that boosts Bitcoin’s utility by bringing it into DeFi. Through a partnership with Babylon, users can stake their BTC in a non-custodial way and receive LBTC, a liquid, yield-bearing version of Bitcoin. This allows BTC holders to earn staking rewards while staying liquid and using LBTC for lending, trading, or other DeFi activities.

The founding team of Lombard includes experts from Babylon, Polychain, Coinbase, Maple, and Argent. Key members include Co-founder Jacob Phillips and Olivia Thet.

• BARD token: The BARD token powers governance, staking, participation incentives, security of cross-chain infrastructure, and access or priority in new products.

• Liquid, Yield‑Bearing Bitcoin (LBTC): LBTC is a 1:1 pegged token backed by native BTC. When users stake Bitcoin via Lombard, LBTC is minted, and they earn yield while still being able to use LBTC across DeFi protocols.

• DeFi marketplace: Lombard offers vault strategies that automate deploying LBTC into optimized yield opportunities, plus a marketplace where users can browse, select, and deploy Bitcoin‑based DeFi products.

• Cross‑chain compatibility: LBTC is available on multiple blockchains, letting users move Bitcoin‑value assets across ecosystems without losing exposure or rewards.

Lombard demonstrates strong potential as it brings more utility to Bitcoin. Its LBTC product already has significant traction, and the massive oversubscription in its community sale shows there’s strong demand. The protocol’s partnerships with notable names like Chainlink and Symbiotic, along with its focus on cross-chain utility and staking security, lend credibility. Additionally, the use cases for the BARD token, such as governance, bridge security, and yield incentives, make it a promising crypto.

You can buy BARD from crypto platforms like CoinSwitch.

• BARD can be bought and traded on crypto platforms like CoinSwitch. 

• BARD can be used to pay for services or transaction fees within the Lombard platform.

• The token can be used to participate in Lombard’s Bitcoin staking ecosystem and unlock features like minting LBTC.

• Holders can vote on protocol upgrades, policy changes, and key decisions within the Lombard ecosystem.

• Through LBTC, Lombard allows Bitcoin holders to earn yield and use their BTC in DeFi, bridging the gap between BTC utility and DeFi activity.

• Lombard supports multiple blockchains and offers a DeFi marketplace pulling together curated yield strategies, lending, and vaults.

• The BARD token has multiple utilities such as rewards, governance, staking, and protocol oversight.

• BARD is subject to market volatility like all cryptos.

• Redemption of BTC after burning LBTC involves a waiting period, which exposes users to potential price swings.

• There are several other wrapped BTC tokens, liquid staking derivatives, and protocols offering similar BTC DeFi utilities.

• Start investing in BARD with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Lombard’s community sale closed on September 2, 2025, raising $6.75 million at a token price of $0.45. Earlier funding rounds included a Seed Round on July 2, 2024, where $16 million was raised with participation from Polychain Capital, OKX Ventures, Franklin Templeton, and others. The Token Generation Event (TGE) launched on September 18, 2025, and Lombard also ran a Binance HODLer Airdrop for users holding qualifying BNB.