Lombard price

On November 1st, I went to check @Lombard_Finance's Twitter for important information and found out that this news is incredible. I didn't expect Lombard to drop two bombshells in one day. First, they acquired BTC.b. 👍 Then, Société Générale (the sixth largest bank in Europe) is building an on-chain capital market through Lombard. Société Générale's SG-FORGE is officially accepting Lombard Finance's Bitcoin collateral token $LBTC on the Morpho lending market as collateral to obtain its MiCA-compliant stablecoins EURCV / USDCV. This is the first time a systemic bank in Europe has introduced "yield-generating Bitcoin" into a traditional financial credit system. This is a first and has paved the way for European banks. ➡️ If other major European banks follow suit, Lombard will be their first choice. Moreover, I just checked, and the current total circulation of EURCV (Euro) and USDCV (USD) has surpassed 100 million dollars. The growth is rapid. ➡️ For Lombard, this is the first step to opening up the European market. 100 million dollars is just the beginning; 10 billion should be achievable in the near future. 🙋 How to participate: 1. Users deposit LBTC into the designated vault of the Morpho lending market. 2. The vault calculates the borrowing limit at ≤ 86% LTV, and users can borrow EURCV / USDCV. I just checked: the current annualized borrowing cost is about 2%, which is really low. 3. By the way, LBTC itself continues to accumulate 4-6% staking rewards, achieving a positive interest rate spread, maximizing capital efficiency while also earning yields, which is really attractive. 😐 Just quietly telling everyone: I'm increasing my position in $BARD.