WebsiteBinance Wallet Particle Launchpad

Lorenzo Protocol (BANK)

IDO

Last updated: Apr 18, 2025

Lorenzo is the Bitcoin Liquidity Finance Layer. Lorenzo creates an efficient market in which Bitcoin holders can easily find the best opportunities to invest their unused Bitcoin liquidity and serves as the premier DeFi ecosystem in which to finance Bitcoin restaking tokens.

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Overview

Project industry	DeFi / Protocol
Project ecosystem	BNB Chain Ecosystem / Bitcoin Ecosystem
Product type	Platform
Whitepaper	Open

What is Lorenzo Protocol

Lorenzo Protocol offers an essential infrastructure for the issuance, DeFi support, and settlement of Bitcoin staking tokens. As a liquidity finance layer, it aims to streamline the staking process and provides innovative solutions for liquid staking by separating Liquid Staking Tokens (LSTs) into Liquid Principal Tokens (LPTs) and Yield Accruing Tokens (YATs), both of which enhance the fluidity and accessibility of Bitcoin staking. Leveraging a blend of centralized and decentralized elements, Lorenzo addresses the challenges associated with Bitcoin’s limited programmability for tokenization of Bitcoin staking, and introduces a mechanism that provides substantial flexibility and security to Bitcoin stakers.

Details

IDO (Binance Wallet): Apr 18, 2025 - Apr 18, 2025
IDO (Particle Launchpad): May 27, 2024 - Jun 10, 2024
Token supply: 2,100,000,000 BANK

Legal

Blockchain Platform: Binance Smart Chain
Registration year: 2023

Token info

Ticker: BANK
Type: Utility-token
Token standard: BEP-20
Token price in USD: 1 BANK = 0.0048 USD
Accepted currencies: BNB
Token distribution:
Liquidity - 4%
Rewards - 25%
Investors - 25%
Ecosystem & Development - 13%
Team - 15%
Treasury - 5%
Advisors - 5%
Binance Wallet IDO - 2%
Marketing - 3%
Listing - 3%