#lorenzoprotocol $BANK The @Lorenzo Protocol Protocol ($BANK) is a leading liquid restakinand institutional-grade asset management platform designed to unlock liquidity for Bitcoin (BTC). It essentially acts as a "financial layer" that allows BTC holders to earn yield without locking up their assets.

​Here is a 100-word overview of the protocol and its native token:

​LorenzoProtocol ($BANK) Overview

​Lorenzo Protocol is a premier Bitcoin Liquidity Finance Layer that bridges BTC with the DeFi ecosystem. By leveraging Babylon’s security, it allows users to restakeBitcoin and receive stBTC (Liquid Principal Tokens) and YATs (Yield Accruing Tokens), enabling users to earn rewards while maintaining asset liquidity across multiple chains.

​The native $BANK token powers the ecosystem through three core functions:

​Governance: Staking $BANK for veBANKallows users to vote on protocol upgrades and yield strategies.

​Rewards: Incentivizing liquidity providers and early adopters.

​Fee Utility: Offering discounts on transaction fees and premium access to "On-Chain Traded Funds" (OTFs).