Lombard Finance, a Bitcoin infrastructure developer, has launched a software development set (SDK) that allows wallets, exchanges and other platforms to offer ET-Click Bitcoin (BTC) effort.

The release aims to further bring BTC into the decentralized economy (defi) economy by exploiting the estimated $ 154 billion in Bitcoin, estimated to sit inactive on centralized exchanges.

The new tool kit allows users to bet BTC to mint a Liquid stake -token called LBTC, which can be automatically deposited in Lombard’s Defi Vault for a current annual dividend of 3%, according to the protocol.

“Once Bitcoin is seen solely as a value of value, Bitcoin is now increasingly integrated into defi, which unlocks new earnings for BTC holders,” said Lombard Finance co-founder Jacob Phillips, who added that SDK removes “the complexity of both platforms and users.”

Leading cryptocurrency exchanges Binance and Bybit have already integrated SDK, with additional wallet integrations – including Xversse, Metamask and Trust Wallet – also being supported. For these platforms, integration offers new revenue streams and a way to keep users engaged through a new defi offering, Lombard says.

Bitcoin, which stuck through Lombard’s system, began seven months ago and has grown into a $ 4 billion market. Lombard’s Defi Vault, powered by Smart Contract Provider Veda, currently has more than $ 200 million in the total value locked.

The protocol is expanded last month with the launch of its liquid bitcoin token, LBTC, at Sui-blockchain.