[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![mackan99 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::35277367.png) Marcus [@mackan99](/creator/twitter/mackan99) on x 2851 followers
Created: 2025-07-20 08:08:36 UTC

@__victoh @build_on_bob When you deposit 1000 BTC with Lombard they will store those and mint 1000 $LBTC. When you want to redeem your 1000 $LBTC they will burn those tokens and you will get 1000 BTC in return.


X engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946844675962175787/c:line.svg)

**Related Topics**
[mint](/topic/mint)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)
[$lbtc](/topic/$lbtc)
[coins pos](/topic/coins-pos)

[Post Link](https://x.com/mackan99/status/1946844675962175787)