Recently, there are always people in the group asking me, with so many BTC ecological projects now, which one should we go for?
My answer is very consistent: find the one that allows you to 'eat multiple fish with one catch.'
Everyone should have heard of Babylon, right? It's the leading platform for Bitcoin staking now. But that thing has a limited quota that you have to fight for, the transaction fees are ridiculously high, and once you deposit, it's locked up, making liquidity drop to zero.
This is where the value of @Lorenzo Protocol is reflected.
Lorenzo is actually like a super intermediary in the Bitcoin staking space, or you could say he's an 'actuary.'
It is built on Babylon but solves the most critical BUG - liquidity.
By participating in staking through Lorenzo, it not only allows you to enjoy the potential returns of the underlying Babylon, but most importantly, it can also give you points and token expectations here.
This is like going to the bank to deposit money.
If you go directly to the head office to deposit, you can only earn dead interest.
But if you deposit in this 'super window' of Lorenzo, it not only gives you interest but also gives you supermarket shopping cards (LPT liquidity) and lottery tickets (points/LYT).
This is called 'nested' earning, commonly referred to as Yield Stacking.
The Bitcoin I have now, as long as it’s not ancestral chips that are dead in a cold wallet, I basically put into this kind of protocol.
Why? Doing the math will make it clear:
First layer of income: The appreciation of Bitcoin itself (principal LPT in hand, can be sold at any time).
Second layer of income: The point rewards of the Lorenzo protocol itself and future $BANK air drops.
Third layer of income: Using LPT to collateralize in other DeFi protocols or form LP mining.
With this set of combos, isn't the annualized return stronger than you staring at the K-line every day for swing trading?
Moreover, the most important thing is that this kind of gameplay has a very good mindset.
Aren't we in the crypto world to find such asymmetric bonuses?
Now $BANK hasn't exploded on a large scale, the points activity is still in the early stage, this is a typical 'bonus window period'.
Don't wait until later when people are crowded and the yield is diluted to 2% to jump in as a bag holder.
The current strategy can be summed up in one word: Roll.
Maximizing the utilization of the big pie is the greatest respect for the bull market.
