Lombard is on a mission to expand the digital economy by transforming Bitcoin’s utility from a mere store of value into a productive financial tool. While Bitcoin remains the world’s largest crypto asset, with over $1 trillion worth of Bitcoin often sitting idle, its utility is limited compared to other digital assets. Lombard sees a significant opportunity to change this by connecting Bitcoin to decentralized finance (DeFi).
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Reward Details: $1M~$5M
Total Estimated Amount: TBD
Quai Network is a scalable and programmable Proof-of-Work blockchain designed to serve as a new global monetary system. By merging currency with energy, Quai delivers the world’s first decentralized energy dollar, Qi. Qi is stable, scalable, and built for real-world commerce. Quai leverages a next-generation Proof-of-Work consensus mechanism called Proof-of-Entropy-Minima to eliminate block contention and provide lightning fast finality.
Polkadot is a blockchain protocol designed to enable a decentralized and interoperable Web3 ecosystem. Founded by Gavin Wood, a co-founder of Ethereum, along with Robert Habermeier and Peter Czaban, Polkadot aims to address key challenges in blockchain technology, such as scalability, interoperability, and security. Polkadot is a pioneering Layer-0 blockchain that provides the infrastructure for a multichain future, empowering developers and communities to build secure, scalable, and interoperable applications for a decentralized web.