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Key Notes * Ledger partners with Lombard and Figment to offer BTC yield without sacrificing self-custody or control. * LBTC tokens earn rewards by securing Bitcoin-adjacent networks through Babylon's staking infrastructure. * The feature targets long-term holders, though current APY sits at just 0.41% according to DefiLlama. Ledger Wallet’s new bitcoin rewards feature lets self-custody bitcoin holders earn yield, integrating BTC into DeFi through Lombard and Figment without relinquishing control or altering Bitcoin’s base layer. Ledger has activated these new features inside its Wallet app. It is initially accessible through the Discover section via a Figment-powered dApp that connects to Lombard’s infrastructure. The company targets long-term holders and active traders seeking additional returns while maintaining control of their assets. Moreover, according to Lombard’s press release, only about 1.5% of the total BTC is currently active on-chain and unused. With this tool, users deposit bitcoin, which is then converted into LBTC, a liquid token that tracks BTC and is designed to earn staking rewards. Ledger plans to extend the Discover feature to a native slot in the Earn section later in 2026. This would deepen its role as a BTC DeFi access point. > Your BTC shouldn’t just sit idle. Unlock rewards through the Ledger Wallet app with Lombard Finance via Figment io. Through the Figment dApp in Ledger Wallet, BTC holders can access Lombard’s fully backed LBTC and earn rewards while staying fully in control of their assets…
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