Lombard ($BARD) IDO

Lombard Details

Lombard IDO brings a new way to use Bitcoin. Lombard is a special crypto project that changes Bitcoin into a token called LBTC (Lombard Staked BTC). People can lock (stake) their Bitcoin and get LBTC in return. LBTC is a liquid token, which means you can trade it and also earn rewards from it. Each LBTC is backed 1:1 by real Bitcoin. It also works on many blockchains like Ethereum, BNB, Base, and Sui.

Lombard makes Bitcoin more useful. Instead of just being stored in wallets, Bitcoin can now be used in smart contracts, lending, borrowing, and vaults. This helps Bitcoin play a bigger role in decentralized finance.

How Lombard Will Help Crypto

Lombard lets Bitcoin do more than just sit in wallets:

• Bitcoin holders can earn rewards by staking.

• LBTC gives liquidity, meaning it can be traded, borrowed, or lent easily.

• It connects Bitcoin to many DeFi tools, making crypto stronger.

Lombard Features

• LBTC: A token you get when you stake Bitcoin. It is backed 1:1 by BTC and earns rewards. You can use it in DeFi.

• Cross-chain support: LBTC works on Ethereum, BNB Chain, Base, and Sui.

• Lombard Ledger: A safe on-chain system where trusted groups check and sign all transactions. This keeps the system secure and clear.

• DeFi Vaults: Pools of LBTC, wBTC, and other coins. These vaults invest automatically to earn the best rewards.

• Lux & Luminary Program: A reward system where you earn points for holding or staking LBTC, or for using it in approved apps.

Lombard Roadmap

Lombard has grown fast:

• 2024: Launched LBTC and raised $16M in a seed round led by big investors.

• March 2025: Expanded LBTC to the Sui blockchain, making it usable in apps like Cetus and SuiLend.

• August 2025: Announced the community sale of its native token BARD on Buidlpad.

Future plans: Build more vaults, add cross-chain bridges, and create deeper Bitcoin uses.

Lombard Whitepaper

The whitepaper explains:

• How LBTC works.

• How the Lombard Ledger keeps transactions safe.

• How users earn crypto rewards through programs like Lux.

• How LBTC is protected across chains.

• How vaults help users grow yield.

Lombard Tokenomics

• Seed funding: $16M raised in July 2024.

• Strategic funding: $1M raised in October 2024.

• Total raised so far: $17M.

• Token sale (IDO): BARD tokens will be sold in a community sale, raising $6.75M for 1.5% of the total supply. Tokens are fully unlocked at launch.

• Accepted currencies: USD, BNB, and LBTC.

Lombard Team

Some team members are:

• Jacob Phillips – Co-founder

• Olivia Thet – Director of Engineering

• Matthew Donovan – Head of Business Development

• Charlotte Dodds – Head of Marketing

Lombard Fundraising

• Seed round: $16M in July 2024.

• Strategic round: $1M in October 2024.

• Upcoming IDO sale: $6.75M planned for August–September 2025.

Lombard IDO Details

• Token name: BARD (Lombard’s native token).

• Platform: Community Sale on Buidlpad.

• Dates:

  • UGC campaign: until August 25, 2025.

  • KYC & subscription: August 26–29, 2025.

  • Contribution window: September 1–2, 2025.

  • Settlement & refunds: by September 4, 2025.

• Goal: $6.75M for 1.5% of supply, fully unlocked.

• Accepted currencies: USD, BNB, LBTC.

How to Join

1. Visit Buidlpad during the campaign.

2. Complete KYC between August 26–29, 2025.

3. Subscribe to Lombard IDO on Buidlpad.

4. On September 1–2, contribute using USD, BNB, or LBTC.

5. Settlement and refunds will be done by September 4, 2025.

If successful, participants will get BARD tokens, fully unlocked.

Conclusion & Disclaimer

The Lombard IDO is an exciting chance to join a project that makes Bitcoin more useful in DeFi. With LBTC, Bitcoin can be staked, traded, and used across many blockchains. The upcoming BARD token will make the Lombard system even stronger.