@Lorenzo Protocol introduces On-Chain Traded Funds (OTFs), which replicate the mechanics of mutual funds and ETFs directly on blockchain. These tokenized products bring the familiar structure of traditional investment vehicles into a decentralized environment, offering transparency, efficiency, and accessibility. By holding a single OTF token, investors gain diversified exposure to multiple strategies such as quantitative trading, managed futures, volatility hedging, and structured yield products. Smart contracts automate fund operations, including allocation, rebalancing, and reporting, ensuring immutability and trust. Unlike traditional funds, OTFs eliminate intermediaries, reduce costs, and provide real-time performance tracking. Lorenzo’s vault system organizes capital seamlessly, while its native token, $BANK , powers governance, incentives, and the vote-escrow system (veBANK) to align community interests with long-term growth. By merging proven financial models with DeFi innovation, #lorenzoprotocol democratizes access to institutional-grade tools, redefining how mutual fund and ETF structures operate in a decentralized, global marketplace.