Bitcoin is complicated, which is why we’ve been working hard to bring safety to new projects in the Bitcoin ecosystem.

As one example, @Lombard_Finance—currently the largest Bitcoin liquid staking protocol by TVL—uses CubeSigner-powered hardware and policy-protected Babylon workflows to enforce security of the funds in their protocol.

For example:
🔐 Lombard users’ deposits can only be used to stake $BTC on Babylon—and not, say, send that $BTC to arbitrary addresses.

🔐 Minting requests are only processed if they have a corresponding deposit record (to prevent malicious withdrawals from forged signatures, bridge contract exploits, etc.).

🔐 Multi-party approvals and time locks are enforced for sensitive protocol actions (e.g., $BTC withdrawals).

Proper key management makes this possible. Keep reading to learn more about Lombard’s implementation:
https://t.co/32jV7AERH5