Lombard价格
(英镑)£0.51031
-- (--)
GBP
市值
£1.15亿
流通总量
2.25亿 / --
历史最高价
£1.152
24 小时成交量
£3,825.82万


免责声明
本页面的社交内容 (包括由 LunarCrush 提供支持的推文和社交统计数据) 均来自第三方,并按“原样”提供,仅供参考。本文内容不代表对任何数字货币或投资的认可或推荐,也未获得欧易授权或撰写,也不代表我们的观点。我们不保证所显示的用户生成内容的准确性或可靠性。本文不应被解释为财务或投资建议。在做出投资决策之前,评估您的投资经验、财务状况、投资目标和风险承受能力并咨询独立财务顾问至关重要。过去的表现并不代表未来的结果。您的投资价值可能会波动,您可能无法收回您投资的金额。您对自己的投资选择自行承担全部责任,我们对因使用本信息而造成的任何损失或损害不承担任何责任。提供外部网站链接是为了用户方便,并不意味着对其内容的认可或控制。
请参阅我们的 使用条款 和 风险警告,了解更多详情。通过使用第三方网站(“第三方网站”),您同意对第三方网站的任何使用均受第三方网站条款的约束和管辖。除非书面明确说明,否则欧易及其关联方(“OKX”)与第三方网站的所有者或运营商没有任何关联。您同意欧易对您使用第三方网站而产生的任何损失、损害和任何其他后果不承担任何责任。请注意,使用第三方网站可能会导致您的资产损失或贬值。本产品可能无法在所有司法管辖区提供或适用。
请参阅我们的 使用条款 和 风险警告,了解更多详情。通过使用第三方网站(“第三方网站”),您同意对第三方网站的任何使用均受第三方网站条款的约束和管辖。除非书面明确说明,否则欧易及其关联方(“OKX”)与第三方网站的所有者或运营商没有任何关联。您同意欧易对您使用第三方网站而产生的任何损失、损害和任何其他后果不承担任何责任。请注意,使用第三方网站可能会导致您的资产损失或贬值。本产品可能无法在所有司法管辖区提供或适用。
Lombard 的价格表现
近 1 年
--
--
3 个月
--
--
30 天
--
--
7 天
-21.27%
£0.65
Lombard 社交媒体动态

BTC收益范式转变:@Lombard_Finance和@multiplifi展示的两种收益模型的结构性差异
Lombard和multiplifi以不同的方式追求基于比特币的收益,风险和收益的性质明显不同。Lombard的LBTC基于约14亿美元的存款资产,结合Babylon比特币质押和DeFi策略,提供年收益率在0.82%到13.2%之间。结构上,它发行完全抵押的比特币流动质押资产,支持多链的原生铸造和销毁、发行转移,并通过与100多个DeFi协议的组合性用于抵押、流动性和收益交易。相比之下,multiplifi基于约7300万美元的资产,利用现货和期货的价格差异以及永久期货的资金费率,采用Delta中性策略进行代币化,目标年收益率为5%到35%。在此过程中,收益的产生主要依赖于中心化交易所的流动性和执行质量,用户通过xUSDC或xWBTC等ERC-4626形式的收益代币以股权形式参与该策略的表现。
两个项目的核心差异体现在抵押性、托管结构和收益产生机制上。Lombard的基本结构是保持1:1比特币抵押的非托管型结构,允许将LBTC作为外部贷款、流动性和收益交易协议的抵押,从而提高资本效率。相反,multiplifi更注重作为收益工具的功能,实际执行在多个托管和结算合作伙伴及中心化交易所进行,链上反映的是镜像的股权。Lombard的收益来自比特币质押产生的基础收益之上,叠加了借贷、流动性提供、收益分离等DeFi策略,而multiplifi的收益则来自于捕捉市场非效率,即期货溢价和资金费率的正向流动。
在风险调整收益方面,Lombard的LBTC在短期观察区间内表现出与比特币几乎相同的贝塔值,但累计收益略有超出。这主要是由于每天少量积累的质押和DeFi利息,但在短期急剧下跌期间,防御能力有限。像BARD这样的治理代币在上市后波动性较大,可能表现出与基础协议的健康性无关的价格行为,因此需要独立的保守判断。当资金大多为正向且波动性中等时,夏普比率估计在0.5到1.5之间,表现出良好的趋势。然而,当资金长时间转为负向或期货-现货价差急剧缩小时,收益率会迅速压缩,并在某些情况下可能出现轻微的本金损失。由于Delta中性特性,方向性损失被抑制,但如果支付资金成本和基差收敛的摩擦累积,可能会导致表现下降。
对中心化依赖度和单一失败点的暴露是区分两个项目哲学的关键因素。Lombard存在对联盟治理、密钥管理、桥接基础设施和Babylon质押的依赖,但资产保管是链上可验证的非托管结构,整体运营以DeFi为中心,因此对中心化交易所的直接风险相对不敏感。治理和消息层风险如联盟决策和桥接可用性仍然存在,但通过多机构参与、时间延迟、独立否决权和再质押抵押等方式进行缓解。相反,收益产生的本质依赖于中心化衍生品的流动性。通过分散多个交易所和托管者进行相互制衡和每日结算来限制暴露,但对监管环境变化或交易所功能停滞等结构性冲击脆弱,收益引擎可能会立即停止。
在DeFi组合性方面,Lombard的对比也很明显。Lombard与大型借贷、自动化收益保险库、流动性池、收益分离协议广泛连接,LBTC的应用范围广泛,实际上也有较高比例的资产被配置到这些策略中。这同时确保了作为抵押的价值和作为衍生策略的价值,增强了生态系统的扩展性和网络效应。通过标准化的金库接口,理论上可以实现轻松集成,但由于收益的实质在链外产生,与DeFi独特策略的深度整合受到限制。最终,用户专注于持有x代币以积累收益,而衍生自二级DeFi活动的额外收益机会仍然有限。
在波动性情景下收益的敏感度方面,Lombard的基础质押收益提供了底部,随着DeFi需求的增加,顶部打开,波动性中等以上时策略收益突出。波动性过低时机会不足,过高时资金转为负向或价差崩溃,收益压缩呈现非线性敏感度。因此,在中等波动性下最有效运作,在熊市的长期阶段,如果没有保守的再分配,可能会经历表现下降。
在可持续性压力测试中,由于Lombard的收益来源多样化和非托管结构,即使某些组成部分发生故障,继续运营的可能性相对较大。即使Babylon质押中断,仍可通过DeFi策略产生收益,而治理风险通过时间延迟、外部验证者和链上可见性部分抵消。相反,在监管导致的衍生品市场限制、托管机构的健康问题以及负向资金长期化的环境中,收益引擎会急剧减弱。每日结算和多方合作分散的优势限制了损失幅度,但结构性收益源本身的萎缩仍然是一个限制。
市场心理和参与模式反映了项目的定位。Lombard强调作为比特币资本市场基础设施的技术和制度信任,随着生态系统整合的快速增加,长期基础设施叙事正在加强。然而,治理代币价格的波动性可能会产生短期噪音,因此需要将代币和协议的价值分开评估。Delta中性收益与简洁的用户体验结合,快速传播,社区对实现收益和活动激励反应敏感。然而,对中心化执行结构的风险和资金制度转变的理解相对较低,因此在不利环境转变时,期望与现实之间可能会出现差距。
机构参与在Lombard中表现为DeFi协议水平的采用,LBTC作为抵押资产的使用是关键。这与大型借贷和市场造市基础设施中的制度信任相结合,实际上链上余额的相当一部分停留在协议合同中。通过风险投资和对冲基金的合作伙伴关系提高战略执行的信任,但链上代币尚未出现,所有权结构的可见性较低。用户数量快速增长,存款保持平稳,表明收益导向的持有倾向。
综合来看,Lombard适合希望在持有比特币的同时追求高组合收益的投资者。非托管抵押结构和生态系统整合的广度较大,能够在波动性环境中通过战略配置扩展顶部。然而,在市场急剧下跌时,立即的缓冲有限,必须结构性管理对联盟治理和消息层的依赖风险。在中等波动性和正向资金制度下,期望高风险调整收益的投资者将受益。可以在消除方向性暴露的同时追求收益,但必须考虑对中心化交易基础设施和托管机构的结构性依赖,以及市场结构变化导致的价差缩小的可能性。从3到5年的中长期视角来看,作为链上抵押基础设施的可持续性和战略多样性较大的Lombard的防御能力相对占优,成为在环境适配时表现出卓越效率的选择。
根据投资者的倾向和市场阶段,选择会有所不同。如果风险厌恶倾向强烈并希望持续持有比特币,Lombard的LBTC是自然的选择。在波动性中等且资金主导为正向的阶段,最大化风险调整收益是合理的。在追求高收益的情况下,也可以通过Lombard的杠杆保险库或收益分离策略捕捉DeFi的波动性溢价,但必须严格限制和监控清算和合同风险。相反,在熊市的长期阶段,如果将本金保全放在首位,Delta中性结构可以发挥心理和战略缓冲作用,但在资金成本持续为负的环境中,必须冷静考虑收益下降和资本侵蚀的可能性。
总之,将这两个项目理解为可以根据市场制度和投资组合目标并行使用的工具,而不是相互替代品是合理的。如果希望保持比特币的暴露并提高链上组合性和生态系统参与度,Lombard将成为基本支柱,而在市场非效率存在时,它将充当超额收益的引擎。投资者应综合考虑各自的约束条件、治理和托管风险容忍度、波动性预期以及流动性需求时点,调整战略比例。


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Lombard购买指南
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预测 Lombard 的价格走势
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查看 Lombard 的价格历史
追踪 Lombard 代币的价格历史,实时关注持仓表现。您可以通过下方列表快捷查看开盘价、收盘价、最高价、最低价及交易量。

Lombard 常见问题
目前,一个 Lombard 价值是 £0.51031。如果您想要了解 Lombard 价格走势与行情洞察,那么这里就是您的最佳选择。在欧易探索最新的 Lombard 图表,进行专业交易。
数字货币,例如 Lombard 是在称为区块链的公共分类账上运行的数字资产。了解有关欧易上提供的数字货币和代币及其不同属性的更多信息,其中包括实时价格和实时图表。
由于 2008 年金融危机,人们对去中心化金融的兴趣激增。比特币作为去中心化网络上的安全数字资产提供了一种新颖的解决方案。从那时起,许多其他代币 (例如 Lombard) 也诞生了。
查看 Lombard 价格预测页面,预测未来价格,帮助您设定价格目标。
深度了解Lombard
Lombard 是一个去中心化金融项目,旨在通过流动性质押的比特币代币(如 LBTC)改变比特币的用途,促进收益获取和 DeFi 参与。
ESG 披露
ESG (环境、社会和治理) 法规针对数字资产,旨在应对其环境影响 (如高能耗挖矿)、提升透明度,并确保合规的治理实践。使数字代币行业与更广泛的可持续发展和社会目标保持一致。这些法规鼓励遵循相关标准,以降低风险并提高数字资产的可信度。
资产详情
名称
OKCoin Europe Ltd
相关法人机构识别编码
54930069NLWEIGLHXU42
代币名称
lombard
共识机制
lombard is present on the following networks: Binance Smart Chain, Ethereum.
Binance Smart Chain (BSC) uses a hybrid consensus mechanism called Proof of Staked Authority (PoSA), which combines elements of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). This method ensures fast block times and low fees while maintaining a level of decentralization and security. Core Components 1. Validators (so-called “Cabinet Members”): Validators on BSC are responsible for producing new blocks, validating transactions, and maintaining the network’s security. To become a validator, an entity must stake a significant amount of BNB (Binance Coin). Validators are selected through staking and voting by token holders. There are 21 active validators at any given time, rotating to ensure decentralization and security. 2. Delegators: Token holders who do not wish to run validator nodes can delegate their BNB tokens to validators. This delegation helps validators increase their stake and improves their chances of being selected to produce blocks. Delegators earn a share of the rewards that validators receive, incentivizing broad participation in network security. 3. Candidates: Candidates are nodes that have staked the required amount of BNB and are in the pool waiting to become validators. They are essentially potential validators who are not currently active but can be elected to the validator set through community voting. Candidates play a crucial role in ensuring there is always a sufficient pool of nodes ready to take on validation tasks, thus maintaining network resilience and decentralization. Consensus Process 4. Validator Selection: Validators are chosen based on the amount of BNB staked and votes received from delegators. The more BNB staked and votes received, the higher the chance of being selected to validate transactions and produce new blocks. The selection process involves both the current validators and the pool of candidates, ensuring a dynamic and secure rotation of nodes. 5. Block Production: The selected validators take turns producing blocks in a PoA-like manner, ensuring that blocks are generated quickly and efficiently. Validators validate transactions, add them to new blocks, and broadcast these blocks to the network. 6. Transaction Finality: BSC achieves fast block times of around 3 seconds and quick transaction finality. This is achieved through the efficient PoSA mechanism that allows validators to rapidly reach consensus. Security and Economic Incentives 7. Staking: Validators are required to stake a substantial amount of BNB, which acts as collateral to ensure their honest behavior. This staked amount can be slashed if validators act maliciously. Staking incentivizes validators to act in the network's best interest to avoid losing their staked BNB. 8. Delegation and Rewards: Delegators earn rewards proportional to their stake in validators. This incentivizes them to choose reliable validators and participate in the network’s security. Validators and delegators share transaction fees as rewards, which provides continuous economic incentives to maintain network security and performance. 9. Transaction Fees: BSC employs low transaction fees, paid in BNB, making it cost-effective for users. These fees are collected by validators as part of their rewards, further incentivizing them to validate transactions accurately and efficiently.
The crypto-asset's Proof-of-Stake (PoS) consensus mechanism, introduced with The Merge in 2022, replaces mining with validator staking. Validators must stake at least 32 ETH every block a validator is randomly chosen to propose the next block. Once proposed the other validators verify the blocks integrity. The network operates on a slot and epoch system, where a new block is proposed every 12 seconds, and finalization occurs after two epochs (~12.8 minutes) using Casper-FFG. The Beacon Chain coordinates validators, while the fork-choice rule (LMD-GHOST) ensures the chain follows the heaviest accumulated validator votes. Validators earn rewards for proposing and verifying blocks, but face slashing for malicious behavior or inactivity. PoS aims to improve energy efficiency, security, and scalability, with future upgrades like Proto-Danksharding enhancing transaction efficiency.
奖励机制与相应费用
lombard is present on the following networks: Binance Smart Chain, Ethereum.
Binance Smart Chain (BSC) uses the Proof of Staked Authority (PoSA) consensus mechanism to ensure network security and incentivize participation from validators and delegators. Incentive Mechanisms 1. Validators: Staking Rewards: Validators must stake a significant amount of BNB to participate in the consensus process. They earn rewards in the form of transaction fees and block rewards. Selection Process: Validators are selected based on the amount of BNB staked and the votes received from delegators. The more BNB staked and votes received, the higher the chances of being selected to validate transactions and produce new blocks. 2. Delegators: Delegated Staking: Token holders can delegate their BNB to validators. This delegation increases the validator's total stake and improves their chances of being selected to produce blocks. Shared Rewards: Delegators earn a portion of the rewards that validators receive. This incentivizes token holders to participate in the network’s security and decentralization by choosing reliable validators. 3. Candidates: Pool of Potential Validators: Candidates are nodes that have staked the required amount of BNB and are waiting to become active validators. They ensure that there is always a sufficient pool of nodes ready to take on validation tasks, maintaining network resilience. 4. Economic Security: Slashing: Validators can be penalized for malicious behavior or failure to perform their duties. Penalties include slashing a portion of their staked tokens, ensuring that validators act in the best interest of the network. Opportunity Cost: Staking requires validators and delegators to lock up their BNB tokens, providing an economic incentive to act honestly to avoid losing their staked assets. Fees on the Binance Smart Chain 5. Transaction Fees: Low Fees: BSC is known for its low transaction fees compared to other blockchain networks. These fees are paid in BNB and are essential for maintaining network operations and compensating validators. Dynamic Fee Structure: Transaction fees can vary based on network congestion and the complexity of the transactions. However, BSC ensures that fees remain significantly lower than those on the Ethereum mainnet. 6. Block Rewards: Incentivizing Validators: Validators earn block rewards in addition to transaction fees. These rewards are distributed to validators for their role in maintaining the network and processing transactions. 7. Cross-Chain Fees: Interoperability Costs: BSC supports cross-chain compatibility, allowing assets to be transferred between Binance Chain and Binance Smart Chain. These cross-chain operations incur minimal fees, facilitating seamless asset transfers and improving user experience. 8. Smart Contract Fees: Deployment and Execution Costs: Deploying and interacting with smart contracts on BSC involves paying fees based on the computational resources required. These fees are also paid in BNB and are designed to be cost-effective, encouraging developers to build on the BSC platform.
The crypto-asset's PoS system secures transactions through validator incentives and economic penalties. Validators stake at least 32 ETH and earn rewards for proposing blocks, attesting to valid ones, and participating in sync committees. Rewards are paid in newly issued ETH and transaction fees. Under EIP-1559, transaction fees consist of a base fee, which is burned to reduce supply, and an optional priority fee (tip) paid to validators. Validators face slashing if they act maliciously and incur penalties for inactivity. This system aims to increase security by aligning incentives while making the crypto-asset's fee structure more predictable and deflationary during high network activity.
信息披露时间段的开始日期
2024-10-12
信息披露时间段的结束日期
2025-10-12
能源报告
能源消耗
733.94711 (kWh/a)
可再生能源消耗
32.236526620 (%)
能源强度
0.00001 (kWh)
主要能源来源与评估体系
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal energy cost wrt. one more transaction.
Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. “Share of electricity generated by renewables - Ember and Energy Institute” [dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved from https://ourworldindata.org/grapher/share-electricity-renewables.
能源消耗来源与评估体系
The energy consumption of this asset is aggregated across multiple components:
To determine the energy consumption of a token, the energy consumption of the network(s) binance_smart_chain, ethereum is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
排放报告
DLT 温室气体排放范围一:可控排放
0.00000 (tCO2e/a)
DLT 温室气体排放范围二:外购排放
0.24509 (tCO2e/a)
温室气体排放强度
0.00000 (kgCO2e)
主要温室气体来源与评估体系
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal emission wrt. one more transaction.
Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. “Carbon intensity of electricity generation - Ember and Energy Institute” [dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved from https://ourworldindata.org/grapher/carbon-intensity-electricity Licenced under CC BY 4.0.
市值
£1.15亿
流通总量
2.25亿 / --
历史最高价
£1.152
24 小时成交量
£3,825.82万

