Lorenzo Protocol is a next-generation DeFi platform built to unlock Bitcoin’s liquidity. It enables users to stake BTC via Layer-2s and receive liquid derivatives like stBTC (yield-bearing) and enzoBTC (wrapped), allowing them to earn rewards while still participating in DeFi. � Its native token, BANK, is used for governance (via veBANK) and incentives. � The protocol also integrates with Wormhole for cross-chain liquidity, enabling transfers to chains like Sui and BNB Chain. �
CoinDesk +2
OKX +1
Medium
