# Path to Decentralization

Developed by an anonymous team of contributors, LombardFi aims to represent a set of permissionless public goods offered to the blockchain community, far and wide.

Following a successful deployment and initial adoption of the OTC lending desk, the team is committed to form a decentralized organization (DAO), with the first step being the issuance of a governance and treasury token ($LMB) that will be distributed to the participating contributors, active community members and core team of the Protocol.

The details of the token launch will be disclosed via a Snapshot proposal and voted by LombardFi’s active community.


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