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What Are Lombard and Lux Points

Lombard is a partner building full-stack infrastructure to accelerate onchain BTC adoption by holders, protocols, and platforms. It provides institutional-grade onchain Bitcoin yield services. Lombard pioneered Bitcoin's integration into DeFi with LBTC, the leading liquid staked token and fastest-growing yield-bearing token in crypto history, secured by a consortium of top institutions.

Based on the BTC you stake, Lombard helps mint the corresponding LBTC while ensuring the entire process remains secure and transparent. LBTC provides passive yield derived from staking the underlying BTC to Babylon’s Bitcoin Staking Protocol.

The resulting yield is reflected in the value of the corresponding LBTC over time, allowing users to earn rewards gradually.

To learn more, please refer to this article.

Learn more about Lombard: https://docs.lombard.finance/

What Are Lux Points

Lux Points are an ecosystem participation points system introduced by Lombard Finance. They are designed to track and measure a user’s level of support and participation in the LBTC ecosystem.

Lux Points are not tokens or crypto assets. They cannot be traded or transferred and do not represent any immediate financial return.

How to Earn Lux Points

Lux Points are designed to reward long-term, genuine participation in the Lombard ecosystem. Points are primarily earned by staking BTC and minting LBTC, holding LBTC over time, participating in Lombard-supported ecosystem applications, and completing designated ecosystem actions or tasks.

In the context of BTC staking via Lombard, the following reflects Lombard’s currently published calculation logic. Actual Lux Points accumulation rules are subject to Lombard’s official policies and may change over time.

Lux Points Formula:

No. of Lux = Days Staked × Amount of LBTC × 1,000

Lux Points accumulate automatically. No additional actions or learning effort are required.

Benefits of Holding Lux Points

Although Lux Points are not tokens, they represent a user’s contribution to and level of participation in the ecosystem. They are considered an important reference for future ecosystem benefits and activities and may be used as a reference for Lombard ecosystem events, reward mechanisms, or participation eligibility.

As a result, Lux Points may serve as one of the key reference metrics for future Lombard ecosystem initiatives, incentive programs, or qualification criteria. For users who value long-term positioning, Lux Points offer a low-cost way to build ecosystem participation advantages.

Accumulating Lux Points does not require any additional capital or extra actions. As long as you participate in BTC staking and hold LBTC, Lux Points will naturally accumulate over time.

Earn Lux Points Faster by Staking BTC with CoolWallet

By staking BTC through CoolWallet, users can participate in BTC staking while maintaining full self-custody and control over their assets, and at the same time accumulate Lux Points.

During the campaign period, users must stake BTC and mint LBTC through CoolWallet, and continue holding LBTC, to earn Lux Points at a 5x accelerated rate. With the same amount of BTC and the same staking duration, CoolWallet users who hold LBTC can accumulate Lux Points and build their ecosystem participation record more quickly.

For users looking to participate early and steadily accumulate long-term ecosystem advantages, this is a natural and efficient option.

During the campaign period:

No. of Lux = Days Staked × Amount of LBTC × 1,000 × 5 

How to Check Your Lux Points

You can view your accumulated Lux Points on Lombard’s official Rewards Page.

Note: The Lux Points mechanism is subject to Lombard’s official documentation:
https://docs.lombard.finance/community/lombard-lux 

FAQs

Q1. Are Lux Points tokens on any blockchain?

No. Lux Points are not blockchain tokens or crypto assets. They are an ecosystem participation points system introduced by Lombard Finance. Lux Points cannot be traded or transferred and do not represent any immediate financial return.

Q2. Can I continue earning Lux Points after the campaign ends?

Yes. You can continue to earn Lux Points after the campaign ends, but accumulation will return to the standard calculation method without the acceleration multiplier.

Q3: After staking BTC with CoolWallet and receiving LBTC, can I still earn Lux Points if I transfer out my LBTC?

No. Lux Points accumulation is based on the actual amount of LBTC held. If LBTC is transferred out, the corresponding Lux Points will no longer continue to accumulate.

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