#lorenzoprotocol $BANK

Lorenzo Protocol is a decentralized finance (DeFi) platform designed to bring traditional, institutional-grade asset management and yield-generating financial strategies to the blockchain through tokenized products. It functions as a modular Bitcoin Layer 2 (L2) and uses Babylon's technology to enable liquid staking for Bitcoin (BTC). 

Key features and products of Lorenzo Protocol:

Financial Abstraction Layer (FAL): This is the operational backbone of the protocol. It automates capital deployment, executes investment strategies, and distributes returns.

On-Chain Traded Funds (OTFs): These are tokenized investment vehicles that function similarly to traditional exchange-traded funds (ETFs) but operate fully on the blockchain.

Liquid Staking for Bitcoin: By integrating with the Babylon protocol, Lorenzo allows users to stake their BTC and receive liquid staking tokens in return, such as stBTC, which can then be used in other DeFi applications.

Other tokenized products:

enzoBTC: A wrapped BTC token backed 1:1 by BTC.

USD1+ and sUSD1+: Stablecoin products built on a synthetic dollar instrument called USD1, offering users multi-strategy returns.

BNB+: A tokenized representation of institutional BNB investment strategies.

BANK token: This is the native governance and utility token of the Lorenzo ecosystem. Holders of BANK can participate in governance decisions, and the token is used for incentives. 

In April 2025, the BANK token was launched via PancakeSwap and listed on Binance Futures, leading to a significant price surge. The protocol has also announced strategic partnerships, including one with Corn Network, to expand its ecosystem. 

The protocol is positioned at the intersection of real-world asset (RWA) tokenization and BTC yield markets, aiming to bridge traditional asset management with DeFi. It seeks to provide transparent, programmable, and accessible financial products for both institutional and individual crypto users.