#lorenzoprotocol $BANK
Lorenzo Protocol is a cutting-edge asset management platform that brings traditional financial strategies on-chain through tokenized products. Its flagship innovation, the Financial Abstraction Layer (FAL), enables the issuance of On-Chain Traded Funds (OTFs), making crypto asset financing more accessible and efficient. With a focus on institutional-grade solutions, Lorenzo Protocol offers yield-generating financial products, including stBTC, enzoBTC, and USD1+. Backed by Binance Labs, the protocol has gained significant traction, with a market cap of $23.4M and a 24-hour trading volume of $17.83M. Its native token, BANK, is used for governance, staking, and incentives.
