Credit is the latest addition to Lombard's suite of yield opportunities. Bitcoin Onchain Credit Strategy (BTCoc) launched two months ago.
BTCoc posts LBTC as collateral on @symbioticfi to underwrite a USDC credit line from @CapApp to @FlowTraders.
In two months we scaled to $45m, generating close to 2% net APY on Bitcoin. As LBTC scales it's underlying active allocation managed by @Bitwise, the strategy targets 4% net.
Bitcoin will win.
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