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Gambit
@siregambit
How Lombard Uses a Group to Keep Your BTC Safe (Without Trusting Anyone) BTC in DeFi is risky when it relies on one custodian or team. Lombard fixes that with a Security Consortium: a decentralized group that keeps everything honest. Here’s how it works: 1/ No more single points of failure Most BTC bridges = one team, one wallet, one mistake away from disaster. Lombard uses multiple trusted parties to validate every key action. No one can act alone. 2/ Who’s in the Consortium? It’s made of validators, partners, and infra providers. Each member: •Verifies BTC deposits •Approves minting/withdrawals •Flags suspicious activity •Can pause the system if needed 3/ Why it matters •No rug pulls •No fake minting •No secret backdoors You don’t have to “trust the team” because no single team controls it. 5/ TL;DR Lombard’s Consortium makes BTC in DeFi: •Safer •Transparent •Truly decentralized It’s trustless validation, just how DeFi should be.
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