How to Liquid Stake BTC with Lombard: A Step by Step Guide to Mint LBTC
by Kamil Zawieja
Published on January 22, 2025
TL;DR;
Lombard introduces Bitcoin to DeFi, creating LBTC, a yield-bearing, cross-chain, liquid token backed 1:1 by BTC.
Lombard is already live on Ethereum, users can stake native BTC and mint LBTC via the Stake App.
How to stake BTC with Lombard & mint LBTC in a nutshell: Step 1: Navigate to the Bitcoin Staking App. Step 2: Connect your Bitcoin wallet and link your destination wallet on Ethereum. Step 3: Enter your desired amount of BTC and the transaction fee. Step 4: Click “Stake” and confirm the transaction in your wallet. Step 5: Wait 6 blockchain confirmations after which LBTC is automatically minted and available in the Staking Terminal
