#lorenzoprotocol $BANK
Lorenzo is a protocol in decentralized finance (DeFi) aimed at "liquidity" (liquid-staking / liquidity finance) of assets like Bitcoin. Through it, you can convert Bitcoin into liquid tokens like Lorenzo stBTC (stBTC) that allow you to benefit from staking/yield returns while simultaneously providing liquidity for trading or other investments.
The official token of the protocol is BANK. This token is used in governance and may be granted to users who participate in the system, such as staking or restaking.
🚀 What are the features that distinguish Lorenzo?
It converts "hard" assets like Bitcoin into liquid assets that can be traded within DeFi systems — this provides greater flexibility instead of storing Bitcoin in a “silent” manner.
It offers an opportunity to earn yield from staking or restaking while maintaining liquidity.
BANK grants you voting rights in protocol decisions (governance), meaning you are part of the community that determines the future of the project.
