Beyond Wrapped BTC: The Promise of Native LSTs

We're all familiar with wrapped Bitcoin(wBTC) on Ethereum—it's a centralized IOU that gets the job done but contradicts decentralization. @Lorenzo Protocol is championing a different path: native Bitcoin Liquid Staking Tokens (LSTs). This is a significant distinction. A native LST on Lorenzo wouldn't be an IOU from a single custodian; it would be a decentralized, yield-bearing representation of your Bitcoin that is directly minted and redeemable through the protocol's secure infrastructure. The "yield" doesn't come from proof-of-stake validation (Bitcoin is PoW), but from the protocol's ability to efficiently deploy that liquidity into lending markets, structured products, and other yield-generating strategies within its ecosystem. Holding a Lorenzo LST would mean you retain exposure to Bitcoin's price while earning a yield, and you can use that LST across other DeFi applications built on or connected to Lorenzo. This creates a powerful, self-reinforcing loop of utility and demand, fundamentally anchored by real Bitcoin. It’s a more elegant and sovereign solution for the user, and a core innovation driving the value of the $BANK-powered ecosystem. #lorenzoprotocol $BANK