#lorenzoprotocol $BANK
Lorenzo Protocol is a decentralized-finance (DeFi) / on-chain asset-management platform built mainly on BNB Chain. It aims to offer institutional-style yield and asset-management products on blockchain — such as tokenized funds, BTC staking / yield-bearing BTC derivatives, on-chain vaults and “On-Chain Traded Funds (OTFs)” combining real-world assets (RWA), DeFi, and yield strategies.
The BANK token is the native governance and utility token of the Lorenzo Protocol.
Holding or staking BANK confers several functions inside the Lorenzo ecosystem:
Governance: BANK holders (or those who lock/stake BANK) can vote on protocol decisions — e.g. product configurations, fee structures, future upgrades.
Staking / Incentives & Rewards: Users can stake BANK to receive protocol-native rewards (via “veBANK” or staking mechanics) — possibly earning yields, boosted access or priority for new vaults, or other perks.
Alignment of interests / Ecosystem coordination: BANK works as a “coordination layer” across various of Lorenzo’s products — coins or tokens that represent user positions in vaults/funds.
