We surpassed demand by 1,400%, saw 133,000+ subscribe to the campaign, and final contributions from 21,340 participants from 132 countries totalling $94.7 million.

Today we broke records. The Community Sale of $BARD on Buidlpad concluded 1,400% oversubscribed, and far exceeded our wildest expectations. The overwhelming response underscores global confidence in Bitcoin's onchain future and Lombard's position as the driving force and leading infrastructure provider and asset issuer.

Breaking Records, Building Community

What started as a $6.75 million fundraising goal turned into something extraordinary. The final numbers speak volumes:

• 23,500 UGC Campaign submissions
• $94.7 million in total commitments
• 133,000+ subscriptions
• 21,340 participants from 132 countries worldwide
• The most successful raise in Buidlpad's history by both speed and scale

This response represents far more than just numbers—it reflects the growing confidence in Bitcoin's onchain future and our mission to build institutional-grade Bitcoin capital markets.

A Community-Driven Journey

The sale unfolded across three carefully orchestrated phases, each demonstrating the strength and authenticity of our community:

####Phase 1: User-Generated Content Campaign Our community responded enthusiastically with 23,500+ creative submissions, showcasing the passion and creativity of Lombard believers worldwide.

Phase 2: KYC and Subscriptions

We received an incredible 133,000 contributions, demonstrating unprecedented interest from verified participants.

Buidlpad conducted thorough due diligence to ensure authenticity, removing over 100K bots and sybil attacks to protect our genuine community members.

####Phase 3: Final Contributions 21,340 real users contributed through USD, LBTC, and BNB, resulting in our record-breaking $94.7 million total. Lombard Lux holders and UGC Campaign participants received Priority Allocations (guaranteed allocations) and higher contribution limits, as a thank you for being loyal users and spreading the word about Lombard.

Stay tuned for updates on settlement and refund processing in the coming days.

What This Means for Our Community

At Lombard, we believe that communities—not just institutions—should have access to the earliest and most consequential opportunities in crypto.

"The momentum behind the Community Sale was evident throughout, and the result clearly shows belief in Lombard's ability to drive onchain Bitcoin demand to new highs now and into the future," said Jacob Phillips, our Co-Founder. "We're pleased to usher in 21,340 new and aligned community members as we deliver against Phase 2 of our roadmap." This unprecedented oversubscription validates our thesis that the market wants onchain Bitcoin Capital Markets, and is ready for institutional-grade Bitcoin DeFi infrastructure.

$BARD Token Utility: Empowering Our Community

$BARD holders will enjoy exclusive benefits that align with our vision for decentralized Bitcoin finance: Protocol Governance: Direct participation in shaping Lombard's future **Staking Rewards: **Earn rewards for securing LBTC bridge infrastructure Priority Access: First access to new Lombard products and features Fee Discounts: Reduced costs across the Lombard Protocol

A Broader Trend in Community-First Distributions

Our success reflects a broader renaissance in community-focused token distributions. Alongside recent successes like Plasma's $500 million instant ICO and Sahara AI's oversubscribed Buidlpad campaign, we're seeing renewed appetite for community participation in early-stage crypto projects—particularly those with proven traction and institutional backing.

As Erick Zhang, founder of Buidlpad and managing partner of Nomad Capital, noted: "Lombard represents the future of Bitcoin DeFi infrastructure, and their community-first approach sets them apart. The vast popularity of this community sale demonstrates the market's confidence in both Lombard's execution capabilities and Bitcoin's onchain potential."

Building on Proven Success

With over $1.5 billion TVL and integrations across leading DeFi protocols on Ethereum, Base, Sui, and Solana, we've already demonstrated our ability to execute. LBTC reached $1 billion TVL in just 92 days and became the first and only Bitcoin LST trusted by blue-chip protocols including Aave, Spark, and EigenLayer.

The additional resources from this community sale will accelerate our product development and ecosystem growth through the newly established Liquid Bitcoin Foundation.

Looking Ahead: The Future of Bitcoin Capital Markets

This moment is a milestone in our journey to unlock the full potential of Bitcoin as the most important asset of our generation. With 21,340 new community members joining our mission, we're better positioned than ever to build the comprehensive Bitcoin financial infrastructure the digital economy needs.

From pioneering LBTC as the leading yield-bearing Bitcoin asset to expanding our full-stack infrastructure, we're committed to accelerating onchain BTC adoption by holders, protocols, and platforms worldwide.

Thank you to every community member who participated in this historic sale. Together, we're not just building the future of Bitcoin DeFi—we're making it accessible to everyone.

Important Disclaimer

The content herein is provided for information purposes only. No information contained here constitute, or should be construed as, an offer to sell, solicitation of an offer to buy, or recommendation to subscribe for, any tokens or financial products. Participants are responsible for conducting their own independent research, due diligence, and assessment of the suitability and risks of participating, including obtaining professional advice they deem necessary.

Neither Lombard Finance Ltd., Liquid Bitcoin Foundation, Liquid Bitcoin Operations (collectively, “Lombard”) nor Buidlpad, nor any of their respective affiliates, directors, officers, employees, or agents, accepts any liability whatsoever for any loss or damage arising directly or indirectly from any reliance on the information provided herein or from participation in the Community Sale, except to the extent required by applicable law.