🔹 Crypto Yield Expansion: Ledger Unlocks New BTC Earning Pathways 🔹
• Ledger Wallet has officially introduced a BTC yield feature that converts deposited Bitcoin into LBTC through integrations with Figment and Lombard, allowing users to earn BTC‑denominated rewards while maintaining full self‑custody 🔐💰; The feature is accessible via the Discover section and leverages the Babylon Bitcoin Staking Protocol for secure yield generation
$YZY
• LBTC acts as a liquid, yield‑bearing representation of Bitcoin, enabling broader participation in DeFi and cross‑chain activities; Analysts note the significance of activating more of Bitcoin’s largely idle on‑chain supply, with only 1.5% currently active ⚡
• As Bitcoin’s role in DeFi grows, this partnership highlights a shift toward safer, integrated earning mechanisms; While APY remains modest at 0.41%, the streamlined, self‑custodial process opens new opportunities for long‑term BTC holders to generate value without leaving the Ledger ecosystem 🚀🔎$ETH
