#SQD Now I realize that every coin requires leverage from the start. Originally, I was supposed to open a position of over 1u, but after changing to 50x leverage, I forgot to add to my position, which wasted a lot of profit. I missed out on a few servings of high-end pig's feet rice.
Ant Warehouse, from 10u it has crawled and rolled to 30u, I don't know if I can challenge to 100u in one go. Is there anyone with Ant Warehouse to challenge together? #merl #Pippin
#lorenzoprotocol $BANK When Bitcoin breaks through the $100,000 mark at the end of 2024 and its market value surpasses the $2 trillion threshold, a core contradiction becomes increasingly prominent: in this "digital gold" treasury, over 99% of assets remain in static storage, with an on-chain staking rate of less than 0.3%, far below Ethereum's 25% active level. At this moment, the Babylon ecosystem flagship project Lorenzo Protocol, along with its $BANK token, makes its appearance as the exclusive TGE (Token Generation Event) of the tenth phase of Binance Wallet, becoming a key driver in activating Bitcoin's dormant value. This protocol, referred to in the industry as BTCFi's "Medici moment," is reshaping Bitcoin from a mere value storage tool into a continuous income-generating asset engine through innovative architecture. Core Positioning: The "On-chain Bank" of the BTCFi ecosystem The core mission of Lorenzo Protocol is to break down the barriers between Bitcoin and the decentralized finance (DeFi) world. Before its emergence, Bitcoin holders wanting to participate in the DeFi ecosystem to earn yields often needed to exchange Bitcoin for other tokens, a process that incurred transaction costs and lost the intrinsic holding property of Bitcoin. Lorenzo builds a "staking-appreciation-derivative" full-chain financial system, allowing users to achieve asset appreciation without selling Bitcoin, essentially creating a "financial bridge" connecting traditional holding with DeFi yields. This positioning allows it to stand out in the BTCFi track. In April 2025, during its $BANK token TGE, it sold 42 million tokens in just two hours, attracting $22.39 million in funding, achieving a 183-fold oversubscription, with a trading rate on PancakeSwap exceeding 200% on the first day. Behind the market's frenzy is the recognition of its "on-chain bank" value—$BANK tokens are positioned as "bank stocks" in the BTCFi world, allowing holders to share in the yields generated from staking service fees, derivatives trading taxes, and more, while also having governance rights and eligibility for airdrops. Technical Architecture: The "Trinity Model" and the Modular L2 Golden Triangle The innovation of Lorenzo Protocol stems from the exquisite design of its underlying architecture, which builds a "trinity" functional model and a modular tech stack based on the Babylon timestamp protocol, ensuring asset security while maximizing yields.