#lorenzoprotocol $BANK
Lorenzo Protocol is an on-chain asset management platform that unlocks Bitcoin liquidity by enabling BTC staking into PoS ecosystems like Babylon, issuing tokenized assets such as Liquid Principal Tokens (LPTs or stBTC) and Yield Accruing Tokens (YATs) for DeFi use.
Key Features
- Tokenizes staked Bitcoin to separate principal and yield, allowing holders to trade, lend, or earn without losing ownership.
- Offers On-chain Traded Funds (OTFs) for institutional-grade strategies, blending CeFi, DeFi, and real-world assets (RWAs) with transparent on-chain yields.
- Native $BANK token enables staking for veBANK, unlocking governance, enhanced yields, and protocol parameter voting.
Token Overview
Current $BANK price stands at approximately $0.044 USD, with a market cap around $23M and 24-hour volume near $7-9M. The protocol operates mainly on BNB Chain, focusing on BTC-derived liquidity and hybrid security models.
