Buidlpad has announced its third public offering, featuring Lombard, a prominent project in the BTCFi sector. Lombard's $LBTC is currently the largest Bitcoin liquid staking token, with a reserve of 13,455 BTC and a total value locked (TVL) of $1.64 billion, capturing 40% of the market share. According to Dune analytics, 72.5% of LBTC is engaged in DeFi, primarily in lending, with over $250 million allocated to Aave. The public offering details include a fundraising target of $6.75 million and a valuation of $450 million. The offering will allocate 1.5% of the total token supply, with participation supported in USD1, BNB, and LBTC. The participation window is set from September 1, 08:00 to September 2, 20:00, with investment limits ranging from $50 to $5,000, and up to $20,000 for Lombard Lux holders. Tokens will be fully unlocked at the Token Generation Event (TGE).