If you are looking for a platform that can provide real on-chain returns while sharing the growth dividends of the protocol, Lorenzo Protocol is a name that cannot be ignored. This article systematically outlines its core gameplay and participation opportunities.
What does Lorenzo do?
In simple terms, it is a 'tokenized supermarket of yield strategies'. It packages professional yield strategies (such as BTC staking, quantitative trading, RWA investments) into standardized 'products'—namely on-chain trading funds (OTF)—for ordinary users to choose from. You do not need to perform complex operations yourself; just hold OTF tokens (like sUSD1+), and you can automatically earn returns corresponding to the strategies.
Core Tokens: The four major utilities of $BANK
1. Governance Voting Rights: Holding: $BANK can vote on major decisions of the protocol (such as launching new strategies, adjusting fee parameters, etc.) to collectively decide the direction of the protocol's development.
2. Dividend Rights: This is the most core value capture function of: $BANK. Stake $BANK to receive veBANK. A significant portion of the fees earned by the protocol (from all OTF products) will be regularly distributed to veBANK holders. This means that even if you do not directly purchase any OTF, you can still share in the development dividends of the entire platform simply by staking $BANK.
3. Enhanced Returns: In certain strategy vaults, holding or staking: $BANK may offer you higher yields or additional rewards.
4. Ecological Incentives: Participate in tasks, promotions, and other activities related to the protocol for a chance to receive airdrops or rewards valued in: $BANK.
veBANK Model: Why Lock for the Long Term?
veBANK (voting escrow BANK) represents the time and amount of your locked: $BANK. The longer the lock-up period, the higher the veBANK weight you receive, and correspondingly, the greater your voting rights and share of dividends. This model aims to incentivize long-term, loyal community members, deeply binding the interests of users, developers, and the protocol to jointly maintain the long-term development of the ecosystem.
Participation Path for Ordinary Users
1. Beginner Path (Pursuing Stable Returns): Directly use assets like BTC, USD1, USDT/USDC, and subscribe to suitable OTF products (like USD1+ OTF) in the Lorenzo App, holding their share tokens to earn returns.
2. Advanced Path (Sharing Protocol Growth): Purchase $BANK tokens on the market and stake them to earn veBANK. From now on, you will continuously benefit from the expansion of the entire Lorenzo asset management platform.
3. Deep Participation Path: If you are a strategy developer, you can even create your own strategy vault based on Lorenzo's financial abstraction layer, issue OTF, and become a 'product provider' for the platform.
@Lorenzo Protocol #LorenzoProtocol $BANK
