Starknet Tops ZK Rollups by TVL, Partners with Lombard Finance to Integrate Bitcoin LST LBTC into DeFi Ecosystem

Starknet has become the leading ZK Rollup in terms of total value locked (TVL) and activity. The platform is expanding its ecosystem by partnering with Lombard Finance to integrate LBTC, the leading Bitcoin liquid staking token (LST), into Starknet’s decentralized finance (DeFi) environment. This integration aims to increase Bitcoin liquidity and create more DeFi opportunities and use cases on Starknet. The collaboration marks an important development as Starknet positions itself as the first Layer 2 solution combining Bitcoin and Ethereum, referred to as L2-Squared. Key figures involved in the project have highlighted the significance of this partnership for Starknet’s growth and expansion into Bitcoin-based DeFi. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant