@Lorenzo Protocol is an on-chain asset management platform that works to bring traditional financial strategies to the blockchain through tokenized products. CoinMarketCap
Its focus is on On-Chain Traded Funds (OTFs) — these are tokenized fund structures that represent trading and yield strategies as a single tradable token. Lorenzo Protocol
The protocol uses simple and composed vaults where users deposit their capital, and that capital is routed into different strategies. These strategies can include quantitative trading, managed futures, volatility strategies, structured yield products, etc. Lorenzo Protocol
Lorenzo's BANK token is the native token used for protocol governance, incentive programs, and vote-escrow systems. BANK holders can vote on protocol decisions (like fees, strategy choices, upgrades) and can also stake the token to earn rewards or incentives. Tokocrypto
The main idea is that Lorenzo brings traditional fund structures onto the blockchain, where capital is placed in organized forms (like OTFs and vaults) and then strategies are run to generate yield from them. The BANK token is used for governance and participation.
