DogeOS partners with 'Lombard'…"Connecting Bitcoin liquidity and the Dogecoin ecosystem"

DogeOS, the application layer (App Layer) based on the Dogecoin ecosystem, announced on the 8th (local time) that it is partnering with the Bitcoin on-chain capital market 'Lombard'.

Through this collaboration, the two parties plan to connect trillion-scale Bitcoin liquidity and capital to the millions of Dogecoin applications and communities, which have so far been centered on culture, fun, and accessibility, to create large-scale adoption cases.

The Dogecoin community has created one of the most lively and inclusive cultures in the crypto industry, but it lacked the liquidity infrastructure to support the community's activities. Through this collaboration, the Dogecoin community has connected to the capital of the Bitcoin ecosystem and gained the power of the world's strongest store of value.

Lombard is a Bitcoin on-chain capital market with approximately $1.5 billion in deposited assets (TVL), and it operates its own platform-staked Bitcoin, Lombard Staked Bitcoin (LBTC).

Lombard will connect LBTC to DogeOS to provide the foundation for DogeOS's next-generation applications based on the Bitcoin capital market, such as collateral standards, vault strategies, interoperability, and developer-friendly infrastructure.

DogeOS emphasized, "This collaboration is not a simple DeFi integration. It is the first case of Bitcoin entering a community-driven crypto culture, and by combining Bitcoin's role as digital gold with Dogecoin's human culture, serious innovation and delightful creativity can be maximized."