As a deep participant in Lorenzo Protocol, my logic for holding BANK tokens has never been limited to short-term speculation—this native token, which combines governance, incentives, and yield functions, along with its staked derivative veBANK system, is the core framework supporting the long-term development of the ecology. This is also the fundamental reason why I have a long-term optimistic view and hold it.
The governance function of BANK grants holders real ecological dominance. Key decisions of the protocol, including OTF product issuance, treasury strategy adjustments, and fee setting, must be determined by voting from BANK holders. I have participated in voting for the allocation of community treasury funds, with a proposal threshold of only 5 million BANK, allowing ordinary investors to participate in ecological construction. This decentralized governance model avoids unilateral decision-making by the project party, making ecological development more aligned with user needs.
The veBANK staking system significantly enhances the long-term value of BANK. The longer users stake BANK, the higher the weight of veBANK they obtain, and the corresponding benefits are also richer: not only can it enhance the dividend ratio of products like USD1+ (up to 2.5 times), but it also allows priority participation in new OTF product subscriptions and preferential ecological airdrop allocations. I choose to stake the majority of my BANK for the long term, which locks in stable enhanced returns while influencing the direction of the ecosystem through the voting rights of veBANK, forming a positive cycle of "hold-stake-benefit."
The tokenomics design of BANK is highly visionary. The total supply is fixed at 2.1 billion tokens with no inflation mechanism, 48% of the tokens are allocated to the community treasury and must be unlocked through DAO voting (with a quarterly cap of 5%); 20% of team tokens are locked for 48 months, and 12% of seed round tokens are locked for 36 months. This long-term locking mechanism effectively suppresses early sell pressure. Meanwhile, the issuance of OTF products requires burning 0.01% of BANK, and part of the protocol revenue is used for buybacks and burns, further enhancing the token's deflationary attributes.
Ecological incentives have led to a continuous increase in the demand for BANK. 10% of the platform's tokens are used for liquidity mining, releasing 2 million tokens weekly for the first 180 days to attract users to participate in treasury deposits and OTF trading; 10% of the ecological fund is used for RWA cooperation, auditing, and marketing, continuously expanding the ecological boundaries. As the cooperation between Lorenzo and WLFI deepens regarding government bonds and the progress of cross-chain deployment, more and more capital flows into the ecosystem, and the demand for BANK increases, forming a virtuous cycle of ecological prosperity and token appreciation.
To me, BANK has long surpassed the realm of ordinary cryptocurrency tokens; it is the "passport" to participate in the Lorenzo ecosystem and also the "equity certificate" for sharing the ecological growth dividends. As traditional financial capital continuously flows onto the chain through OTF, the governance value and revenue value of BANK will further stand out, while the veBANK system provides long-term holders the confidence to navigate market cycles.
