Starknet Teams Up with Lombard to Add Bitcoin Liquid Staking to DeFi

By: crypto economy|2025/05/15 23:45:05
0
Share
copy
TL;DRStarknet added LBTC to its network, a 1:1 Bitcoin-backed token created by Lombard Finance for liquid staking.The integration lets users access DeFi applications using Bitcoin without moving funds from its original blockchain, expanding available tools.The network was also recognized as a Stage 1 ZK Rollup, reinforcing its security and decentralization within the Ethereum ecosystem.Starknet has integrated LBTC into its ecosystem, a liquid staking token backed 1:1 by native Bitcoin and developed by Lombard Finance. With this addition, the network aims to attract Bitcoin-backed liquidity and expand its DeFi tools within its Ethereum-based infrastructure.The arrival of LBTC on Starknet allows users to access decentralized financial products using Bitcoin without having to move their funds off the Bitcoin blockchain. This is made possible through a liquid staking mechanism, which locks the original BTC and issues equivalent tokens that can be used in various applications within the ecosystem. The approach combines Bitcoin’s strength as a store of value with the operational flexibility of DeFi solutions.Growing Interest in Bitcoin LiquidityThis type of integration is becoming increasingly common across multiple blockchains looking to capture Bitcoin liquidity to strengthen their decentralized markets. While Starknet brings in LBTC, other networks like Sui are advancing with similar projects, such as the recent introduction of sBTC, a synthetic version of Bitcoin designed for its native environment.A Milestone for the Starknet NetworkAlongside the LBTC announcement, Starknet reached a new technical milestone by being recognized as a Stage 1 ZK Rollup by L2BEAT, a specialized site that tracks scaling solutions for Ethereum. This upgrade means the network now operates as a pure rollup, with no external dependencies to validate its security. It enhances Starknet’s decentralization and reinforces its standing among zero-knowledge proof-based solutions.The interest in bringing Bitcoin liquidity into DeFi environments continues to grow, and platforms capable of offering reliable, efficient integrations stand to capture a significant share of that value flow. The addition of LBTC will strengthen Starknet’s DeFi capabilities and deepen the connection between Bitcoin and Ethereum.

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more