Ledger has introduced a new BTC yield feature allowing users to earn returns on their Bitcoin holdings. Through integration with the Figment app, users can now access Lombard's yield-bearing LBTC tokens directly from their Ledger wallets. This move combines hardware wallet security with DeFi yield opportunities, enabling easier participation in Bitcoin-backed yield strategies without compromising custody control. The LBTC protocol offers yield generation while maintaining Bitcoin exposure—a notable development for users seeking passive income on idle BTC balances.
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BugBountyHunter
· 11h ago
Idle BTC can still generate interest; isn't that more reassuring than leaving it on an exchange?
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NestedFox
· 11h ago
Hardware wallets directly doing yield, now idle BTC finally has a use case, but you still need to be cautious of smart contract risks.
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TestnetNomad
· 11h ago
Idle BTC finally has a use case, Ledger's move is indeed clever
Ledger has introduced a new BTC yield feature allowing users to earn returns on their Bitcoin holdings. Through integration with the Figment app, users can now access Lombard's yield-bearing LBTC tokens directly from their Ledger wallets. This move combines hardware wallet security with DeFi yield opportunities, enabling easier participation in Bitcoin-backed yield strategies without compromising custody control. The LBTC protocol offers yield generation while maintaining Bitcoin exposure—a notable development for users seeking passive income on idle BTC balances.