Lombard

Lombard is a liquid restaking protocol on the Archway blockchain, enabling users to stake ARCH and receive a liquid token (dARCH) to pursue further DeFi yields within the Cosmos ecosystem.

## Executive Summary Lombard is a liquid restaking protocol built on Archway, a smart contract platform within the Cosmos ecosystem. The protocol's primary function is to enhance capital efficiency for holders of the native ARCH token. It allows users to stake their ARCH tokens to secure the network and earn staking rewards, while simultaneously receiving a liquid derivative token, dARCH. This derivative represents their staked position and can be freely traded, transferred, or deployed in other decentralized finance (DeFi) applications to generate additional layers of yield. By issuing a liqu