đč Crypto Yield Expansion: Ledger Unlocks New BTC Earning Pathways đč
âą 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 BTCâdenominated rewards while maintaining full selfâcustody đđ°; The feature is accessible via the Discover section and leverages the Babylon Bitcoin Staking Protocol for secure yield generation
$YZY
âą LBTC acts as a liquid, yieldâbearing representation of Bitcoin, enabling broader participation in DeFi and crossâchain activities; Analysts note the significance of activating more of Bitcoinâs largely idle onâchain supply, with only 1.5% currently active âĄ
âą As Bitcoinâs role in DeFi grows, this partnership highlights a shift toward safer, integrated earning mechanisms; While APY remains modest at 0.41%, the streamlined, selfâcustodial process opens new opportunities for longâterm BTC holders to generate value without leaving the Ledger ecosystem đđ$ETH
