Bitcoin's just been sitting there doing nothing, and Lorenzo thinks it's time that changed.
• Most BTC holders don't earn anything on their coins. Lorenzo wants to fix that with BANK—a liquid token that actually makes yield from validators and security stuff.
• You get different lockup periods. Lock your BTC for a week, a month, 90 days, whatever. Each one pays different rates, which is how you start building a real curve.
• Why does any of this matter? Because right now Bitcoin has no way to measure risk-free rates or compare yields across time. Traditional markets have had this for decades.
• Zero-coupon tokens are coming too—basically you lock up yield until a set date, then cash out. Traders can buy and sell these at different prices depending on the timeline.
• Create actual markets for this stuff. BANK futures with different expiry dates, discounted locked tokens trading below face value—that's where price discovery happens.
• The riskier the validator setup, the higher the yield gets pushed. Safer ones anchor the short end lower. It's supply and demand playing out on-chain where everyone can see it.
• Tranches split things into safe and risky buckets. Senior tranche holders get stable low yields, junior tranche people take more risk for bigger returns.
• Oracles and aggregators pull it all together—live APY data, yield indices, the whole picture. Apps can finally price BTC loans and swaps properly.
• Once the curve exists, you unlock derivatives. Interest rate swaps, floating vs fixed loans, volatility plays—real fixed-income products but for Bitcoin.
• Lorenzo's not just adding yield to BTC, they're building the infrastructure that makes Bitcoin act like an actual financial asset instead of just digital gold that sits in a wallet.
