
Lorenzo Protocol (BANK)
Coin Information
Market Cap
Fully Diluted Valuation
Coin Supply
Blockchain Explorers
Website
Extra Links
BANK to USD Converter
About Lorenzo Protocol
Lorenzo Protocol (BANK) is a pioneering platform designed to facilitate yield-bearing token issuance, trading, and settlement, tailored explicitly for Bitcoin. It aims to be the premier Bitcoin liquidity layer by bridging opportunities for Bitcoin stakers and world-class projects requiring liquidity. Through its innovative liquid staking protocol, users can deposit their Bitcoin into a staking plan created by various projects, and in return, receive Liquid Staking Tokens (LST) that can be utilized within the expansive DeFi ecosystem.
The protocol operates through a systematic process. Initially, users stake their Bitcoin, which a designated Staking Agent manages on behalf of the user. As staking commences, the agent mints two types of tokens: Liquid Principal Tokens (LPT) and Yield-Accruing Tokens (YAT). Collectively, these tokens enable users to maintain liquidity while earning yield on their capital, allowing them to actively participate in both the Lorenzo DeFi ecosystem and external platforms.
To further enhance security and yield opportunities, the Lorenzo Protocol provides mechanisms such as stBTC, a native liquid restaking token, and various risk mitigation strategies. With its modular and flexible architecture, the protocol promises a comprehensive approach to Bitcoin staking, ensuring that even small stakers can benefit from seamless liquidity and attractive returns. Lorenzo Protocol is not only reshaping the landscape for Bitcoin users but also setting new standards in decentralized finance.
Frequently Asked Questions
Github Statistics (Development)
Total Commits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Branches | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Releases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Watchers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Forks |
BANK Markets on Crypto Exchanges
Rank | Exchange | Pair | Volume (24h) | Price | Volume (24h) | Price | Volume (24h) | Price | Volume (%) | Updated | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Processing Data... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
X Feed (Twitter)
Crypto and Blockchain Articles

Turn Crypto Ideas into Automations with the MEXC API

Introduction to the Coinpaprika crypto data API

Nueva Wealth: An Introductory Guide to Online CFD Trading


How Blockchain Enhances Trust in Online Slot Platforms

Gamdom Launches Next-Level Sportsbook Experience

Turn Crypto Ideas into Automations with the MEXC API

Introduction to the Coinpaprika crypto data API

Nueva Wealth: An Introductory Guide to Online CFD Trading

Stay in the loop. Subscribe for updates.

Video
Get verified
Crypto News
Top Gainers
Top Losers
New Binance Smart Chain Tokens
Advertise 📣
Are you looking to advertise? We offer press release publications, display banners, featured listings and more.
Contact us for questions, submit a PR or request our media kit.