Leveraging @Lombard_Finance 's DeFi Vault to get passive yield on your $BTC. The main reason I am currently LP'ing on different pools is to get assets that can be converted into $LBTC. I am personally taking every single dollar out of my LP's fee to convert it daily into $LBTC and then put it into the Lombard DeFi Vault. Though the LP fees amount to only a few dollars a day, accumulating them can be a good strategy, especially if BTC continues to preserve its value against inflation. Additionally, one of the great parts to accumulate LBTC instead of WBTC is that LBTC has a native yield of about 1-2% APY and an APY of up to 3.1% if you put it into the Vault. But it is not only the direct APY you are going to look for, but also the additional points that come with each vault out there. There are different Vaults on different chains that can be utilized, so depending on which chain you are LP'ing, you can choose the right Vault to let your LBTC work for points and additional yield. Major chains that support a separate Vault. - Lombard Main Vault - ETH, @base, BNB, Corn - Katana - ETH - Sentora - ETH, Bera - Sonic - ETH, Sonic - Tac - ETH LBTC is by the way not only available on EVM chains but also on chains like SUI, but they don't offer a separate Vault for it. On Sui, you can use Momentum DEX to provide liquidity and earn Bricks and LP fees.
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