Developer Guide: How to Quickly Launch a BTCFi Application on the Lorenzo Protocol?

For developers looking to seize opportunities in the Bitcoin DeFi wave, the Lorenzo Protocol offers a powerful and easy-to-use development platform. Based on its core asset LBTC, developers can quickly build innovative BTCFi applications. Here are the key steps to get started.

Step 1: Understand Core Assets and Infrastructure

The foundation of development is a deep understanding of LBTC. LBTC is a yield-bearing Bitcoin liquidity certificate that follows common token standards (like ERC-20), meaning any compatible wallet and tools can interact with it directly. Developers do not need to worry about the staking and security management of the underlying Bitcoin; they can simply treat LBTC as a base asset that generates income.

Step 2: Choose Development Path and Integration Tools

The Lorenzo Protocol provides comprehensive documentation and APIs. The main development paths are:

1. Direct Integration: If your DApp is deployed on Ethereum, Solana, or other chains supported by Lorenzo, you only need to call the contract address of LBTC in your smart contract to integrate it as collateral, trading pair, or yield-bearing asset into your lending, DEX, or yield aggregator.

2. Using SDK: By utilizing the software development kit (SDK) provided by Lorenzo, you can more conveniently query user LBTC balances, staking status, and other information to optimize user experience.

Step 3: Testing and Deployment

Before deploying the application to the mainnet, it is essential to conduct thorough testing on the testnet provided by Lorenzo to ensure that interactions with LBTC (such as transfers, authorization, yield calculation) are accurate.

In summary, launching applications on Lorenzo is centered around "Using LBTC as Financial Legos." Developers can ignore the complexities of the underlying Bitcoin and directly leverage the liquidity and yield-generating characteristics of LBTC to innovate quickly, similar to building traditional DeFi applications, focusing on product logic and user experience, thereby capturing early benefits in the BTCFi ecosystem. @Lorenzo Protocol $BANK #LorenzoProtocol