$BANK
Lorenzo Protocol is trying to change how people earn with crypto. Instead of just HODLing, it lets Bitcoin holders stake or wrap their BTC think tokens like stBTC or enzoBTC and still trade or use them while earning yield.
At its heart is something called the Financial Abstraction Layer (FAL), which packages various yield-strategies from DeFi interest to real-world assets and trading strategies into easy-to-use, on-chain “funds” (sometimes called OTFs). That means users (or even other apps) can tap into institutional-style returns without needing to be experts.
Through its native token, BANK, Lorenzo offers governance rights and a stake in its ecosystem and by staking BANK you can also receive veBANK, which gives you additional privileges in how the protocol evolves.
In short: Lorenzo isn’t just another yield-farm or staking app. It aims to be an on-chain asset-management layer a bridge between traditional finance logic and decentralized crypto tools giving both ordinary users and institutions a smoother way to earn yield
