When depositing BTC into the ecosystem, Lorenzo issues stBTC (Liquid Staking Token).
BANK
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This allows you to:
Earn rewards: You participate in the security of PoS networks through Babylon.
Maintain liquidity: You can use your stBTC in other DeFi protocols to borrow or provide liquidity while still earning staking rewards.
Gas efficiency: Lorenzo optimizes transactions to make BTC staking accessible and cost-effective.
The future of Bitcoin is not just to be a store of value, but to become the ultimate collateral of the decentralized financial system.
Remember that Lorenzo (BANK) is currently under the "Seed Tag" on Binance. This means it is an early-stage project with high potential, but requires careful risk management.
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