Algorithmic / under-collateralized stablecoin
Lombard Finance's assessment for RD-F-069 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
N/A — LBTC is not a stablecoin and does not have an algorithmic or under-collateralized design. It is a 1:1 BTC-backed liquid staking token. This factor's classification tree (over-collateralized / partially-collateralized / algorithmic / fiat-backed) does not apply to a BTC LST. Gray: stablecoin classification not applicable to this protocol type.
Sources #
- DocsLBTC Design — Lombard Technical DocsProtocol profile §1: 'LBTC is 1:1 backed by BTC'; category assigned as LRT/BTC-restaking, not stablecoinretrieved 2026-05-05
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol lombard factor RD-F-069 score gray collected_at 2026-05-05 12:03:08