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Beyond the Abyss
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Beyond the Abyss
@DeB0Ge
Financier & Crypto Investor | Developer | AI Enthusiast & Builder Every single day exploring new technologies and creating solutions that shape the future!
가입일 Mart 2023
604 팔로잉61 팔로워

@Jasonfx90 @Lombard_Finance Nice! In which region is it available?
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Explaning what Vault is and how it works in @Lombard_Finance like a pleb..
What ’s the Lombard DeFi Vault?
Imagine you’ve got some Bitcoin doing nothing but instead of letting it sit there , you throw it into a magical box (the Vault) that works 24/7 to grow it for you
This Vault is built by Lombard + Veda real DeFi brainiacs. It does all the complicated yield-farming stuff so you don’t have to.
What You Put In:
These are what you can toss in:
♧ LBTC (Lombard’s version of BTC)
♧ wBTC, cbBTC, eBTC (other popular wrapped BTC)
What You Get Back:
You get a token called LBTCv
(LBTC vault token = your receipt (V))
This token grows in value as the vault earns yield. You also get extra points like:
♧ Lombard Lux (4x)
♧ Veda Points (3x)
♧ Babylon Points (1x)
Think of these like loyalty rewards and there are earned hourly in the dApp btw..
What the Vault Actually Does:
It takes your BTC and:
♤ Puts it into stuff like Uniswap, Pendle, Curve, Gearbox
♤ Moves it around to get the best yields
♤ Auto-compounds all rewards = more $$ for you over time
♤ You don’t touch anything. Just deposit, sit back, and watch it grow.
Fees:
♤ No fees if you use LBTC, cbBTC, or eBTC
♤ Small deposit fee for wBTC (0.40%) and FBTC (0.30%)
♤ Withdrawals charge a tiny fee (to cover gas costs)
♤ Can withdraw anytime, but it takes about 3 days
Why Is Lombard Tech Cool:
♤ No need to learn complicated DeFi stuff
♤ You earn passive BTC yield
♤ Your rewards get auto-compounded
♤ You get points for future airdrops (Lombard Lux, Veda, Babylon)
♤ You can access it via Ethereum or Base..
DONT FORGET:
♤ It’s still DeFi = there are risks (smart contract bugs, market stuff)
♤ Don't go all in know your risk tolerance
TL;DR:
Put BTC in → get LBTCv → Vault works for you → You earn yield + points → Withdraw anytime (after ~3 days)
Easy way to grow your BTC bag without knowing complex DeFi strategies
Gmbard to those who Gmbard
GIF
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Beyond the Abyss 리트윗함

The MVRV Ratio just crossed below its 200-day SMA, a bearish signal that could point to further downside pressure for #Bitcoin $BTC.

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BREAKING: Elon Musk says "mark this post for the future, the truth will come out" after claiming that President Trump is in the Epstein files.
The S&P 500 is now down nearly -1% on the day.

The Kobeissi Letter@KobeissiLetter
It's official: Elon Musk has now upset BOTH Republicans and Democrats. This is generally a sign you are doing *something* correctly. In fact, Elon has now spoken out against both parties with the same goal in mind all along: END US deficit spending. As we have been writing on this platform since 2020, the US is on an unsustainable fiscal path. If anything, this is a testament to @ElonMusk's mission to put politics aside and reduce US deficit spending. We must all put politics aside and end the US debt crisis.
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The most important support floor for #Ethereum is between $2,060 and $2,420, where 10 million wallets hold over 69 million $ETH!

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Beyond the Abyss 리트윗함

Here's the real question:
President Trump says China was charging the US 67% tariffs BEFORE his reciprocal tariffs were announced.
Then, President Trump charged China a 34% tariff rate on Wednesday.
Today, China tariffs all US goods by 34%, and assuming this is on top of the 67% claimed by Trump, that's a total of 101%.
What does Trump do now?
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