#LorenzoProtocol is a DeFi platform designed to bring more utility and liquidity to Bitcoin and other assets across multiple blockchains. Its main goal is to make traditionally idle assets—especially BTC—more productive by enabling liquid staking, where users stake Bitcoin and receive yield-bearing tokens like stBTC that can still be used in DeFi. The protocol also offers tokenized yield strategies and cross-chain products to simplify access to advanced financial tools.
The ecosystem’s main token, BANK, serves as the governance and utility token. Holders can stake BANK to earn rewards, gain voting power, and participate in protocol decisions. The project emphasizes a financial abstraction layer that enables on-chain traded funds, making yield-generating strategies more accessible.
Lorenzo Protocol continues to expand through partnerships, exchange listings, and multi-chain support, aiming to position itself as a central hub for Bitcoin-based liquidity and decentralized financial products.
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