#LorenzoProtocol @Lorenzo Protocol $BANK
Bitcoin has long been “digital gold”secure, quiet, and mostly just sitting there. But restaking is changing that. Now, your BTC can earn more than one reward, across multiple systems, without ever leaving your wallet.
How it Works on Bitcoin
Unlike Ethereum or other smart-contract chains, Bitcoin doesn’t natively support complex staking. Protocols innovate in different ways:
Lorenzo: Splits staked BTC into a principal token (stable, redeemable, usable as collateral) and a yield token (tracks rewards, can be traded or routed into strategies). Multi-chain liquidity makes BTC productive across ecosystems.
Pell: Focuses on security. Staked BTC derivatives provide economic security to other services, earning incremental rewards. Think of it as BTC becoming infrastructure.
BounceBit: Custody-first approach. BTC stays with regulated custodians while “mirror tokens” unlock on-chain yield and liquidity. Perfect for institutions.
Why It Matters
BTCFi isn’t just yield. It’s a shift in Bitcoin’s role:
From passive hold to active capital
From single-use staking to multi-chain, multi-purpose liquidity
From static asset to a productive, network-securing instrument
Protocols like Lorenzo, Pell, and BounceBit are turning Bitcoin into something more than gold on the blockchain it’s becoming a foundation for the next wave of DeFi.
