Lombard Finance has introduced LBTC, a Bitcoin liquid staking token, which is now integrated into the Morpho ecosystem. LBTC aims to unlock Bitcoin's potential as a dynamic financial tool by connecting it to decentralized finance (DeFi). The token is developed on top of Babylon and is designed to generate yield by staking its Bitcoin backing. LBTC has been added to the Gauntlet WBTC Core vault on MorphoLabs, with a loan-to-value ratio of 94.5% and supply incentives from Lombard Lux and MORPHO. The LBTC/wBTC borrow markets have already been launched, with MEV Capital set to join in the coming weeks. Lombard is offering a $250,000 bug bounty for LBTC, and the Morpho ecosystem is valued at $2BN. The integration is curated by Gauntlet and Re7Capital. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.