The stable @capmoney_ that is participating with full force has finally collaborated with Lombard🔥
Why is Cap so hot?
The yields from a large amount of re-staked assets (amounting to several billion💰) have been supported by unsustainable airdrops and incentives until now, but I believe there is a significant demand for CAP to utilize these assets with an over-collateralized model that slashes if losses occur.
Details of this collaboration👇
Using LBTC that has been symbiotically re-staked as collateral, an operator who actually manages USDC called Hyperithm borrows USDC from the Cap side → borrows it at the borrowing interest rate (Hurdle rate) determined by Cap → manages it, and only the difference becomes profit for themselves and the re-staker!
📌 Currently, general users cannot participate in this kind of restaking, but Cap itself is running a points program with Pendle, so please refer to the article for details!
(Comment section🧵)
I think Cap is currently collaborating closely with specific restaking asset providers and operators on a B2B basis to ensure safety, but gradually, those who are doing general restaking will also be able to use their assets to collateralize specific operators and earn yields.

Bitcoin is entering institutional credit markets.
Lombard has partnered with @capmoney_, using LBTC restaking via @symbioticfi to secure institutional USD loans — turning Bitcoin into the collateral that underwrites onchain credit markets.

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