Write about @Lombard_Finance, there have been recent updates

1. Launch of BTC Earn
Currently, Earn has an annual yield of 3.13% over the past 30 days, supported by Veda. In addition, there will be 4x Lux points and 3x Veda points. Deposits made between 2.24 and 3.18 will also earn 8x Lux points.
If I remember correctly, Season 2 is about to end on 3.18, and the airdropped tokens from Season 1 will be released. The token price is still good, close to $1 each.
2. Only one of the eight main products left
Seven of the eight products have already been launched. Only Tokenized & Institutional Products remain. Hopefully, they will be launched soon.
3. Current protocol data
The number of LBTC remains above 10,000, currently at 10,396. Since acquiring BTC.b earlier, the TVL has experienced a sharp increase. Currently, the TVL is 13,908 BTC, worth $1.39 billion.
This may be influenced by market conditions or the relatively low staking APY. The BTC in TVL is gradually decreasing. We hope the launch of the final product can change this situation.
Another point to note is that the main providers of TVL are large BTC holders and whales. Depositors with 5+ LBTC account for 90.2% of the total TVL. With the launch of the last product, I believe this ratio will increase again.
According to data from DefiLlama, Lombard is generating revenue, but it’s not enough to be significant. Since the protocol started operating, the revenue has reached $1.21 million. The sources of income are mainly fees from minting/redeeming LBTC, vault management fees, etc.
After the final product is launched, we will see how it goes. Hopefully, it will bring us some surprises—another increase in TVL, revenue, and token price!