Why BTC Stakers Should Pay Attention to Lombard Lux ​​Points – CoolWallet

All bonus rewards earned during the campaign will be distributed after the campaign ends.
After the campaign period ends, eligible users will earn additional Lux points based on their participation throughout the campaign.

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What are Lombard and Lux ​​points?

Lombard is a partner that builds a complete infrastructure to accelerate the adoption of BTC onchain by holders, protocols and platforms. It provides Bitcoin mining services at an institutional level. Lombard pioneered the integration of Bitcoin into DeFi with LBTC, the leading liquid rate token and the most profitable token in crypto history, powered by a consortium of top institutions.

Based on the BTC you contribute, Lombard helps process the corresponding LBTC, ensuring that the entire process remains secure and transparent. LBTC provides a passive yield derived from tying BTC to Babylon’s Bitcoin Staking Protocol.

The resulting yield is reflected in the value of the corresponding LBTC over time, allowing users to gradually earn rewards.

For more information, please visit this This article.

More information about Lombard: https://docs.lombard.finance/

What are Lux Points?

Lux Points is an ecosystem participation points system introduced by Lombard Finance. They are designed to track and measure the level of user support and participation in the LBTC ecosystem.

Lux Points are not tokens or crypto assets. They cannot be bought or transferred and do not represent immediate financial returns.

How to get Lux points

Lux Points are designed to reward long-term and real participation in the Lombard ecosystem. Points are primarily earned by staking BTC and LBTC coin, storing LBTC over time, participating in Lombard-supported ecosystem programs, and completing assigned ecosystem actions or tasks.

In the context of BTC mining through Lombard, Lombard’s calculation logic reflects the currently published one. The actual collection rules for Lux Points are subject to Lombard’s official policies and may change from time to time.

Formula Lux Points:

Lux Number = Days Deposited × LBTC Amount × 1,000

Lux points are accumulated automatically. No additional action or learning effort is required.

Benefits of keeping Lux points

Although Lux Points are not tokens, they represent a user’s contribution and level of participation in the ecosystem. They are considered important references for future ecosystem benefits and activities and can be used as references for Lombard ecosystem events, reward mechanisms or participation rights.

As a result, Lux Points can serve as one of the main reference indicators for future Lombard ecosystem initiatives, incentive programs or qualification criteria. For users who value long-term positioning, Lux Points offer a cost-effective way to build ecosystem participation benefits.

Accumulating Lux points does not require any additional investment or action. As long as you participate in BTC betting and hold LBTC, Lux Points will naturally accumulate over time.

Earn Lux points faster using BTC with CoolWallet

By depositing BTC through CoolWalletusers can participate in BTC staking while maintaining privacy and control of their assets, and at the same time collect Lux Points.

During the campaign period, users must earn BTC and earn LBTC through CoolWallet and continue to hold LBTC to earn Lux Points at a 5x accelerated rate. With the same amount of BTC and the same staking duration, CoolWallet users who have LBTC can accumulate Lux Points and make their ecosystem participation record faster.

For users who want to participate early and reap the long-term benefits of the ecosystem, this is a natural and effective option.

During the campaign:

Lux Number = Days Deposited × LBTC Amount × 1,000 × 5

How to check your Lux points

You can view your accumulated Lux ​​points on Lombard’s official website Rewards page.

Note: The Lux Points mechanism depends on Lombard’s official documentation:
https://docs.lombard.finance/community/lombard-lux

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