Ledger Launches Bitcoin Yield Feature with Lombard and Figment

The hardware wallet provider partners with Lombard and Figment to introduce a Bitcoin yield-earning service for its users.

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Summary

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Terms & Concepts
  • Bitcoin yield: Earnings generated from holding or staking Bitcoin, usually through lending or network participation.
  • Ledger Wallet: A hardware device used to securely store cryptocurrencies offline.
  • Staking: Locking crypto to earn rewards or participate in network operations, typically applied to proof-of-stake blockchains.