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Lorenzo Protocol Overview
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About Lorenzo Protocol
- Liquid Staking: Users stake Bitcoin and receive staked derivatives (e.g., stBTC) that maintain liquidity
- Wrapped Bitcoin: The protocol offers enzoBTC, a wrapped BTC token for cross‑chain DeFi usage (not directly yield-bearing)
- Governance & Incentives: The native token, $BANK, functions as both a governance token and a means to earn staking rewards. Users can stake $BANK to receive veBANK, which grants voting rights over fee structures, emissions, and protocol updates
Specific founders or team members are not prominently detailed in publicly available sources. However, the protocol is associated with:
World Liberty Financial (WLFI) as an official asset management partner, notably through products like USD1+ that blend real‑world assets and DeFi yield strategies
Integration with the Binance ecosystem, including a Token Generation Event (TGE) hosted via Binance Wallet in collaboration with PancakeSwap, featuring 42 million BANK tokens.
Lorenzo Protocol Markets
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Lorenzo Protocol Platforms
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Lorenzo Protocol Market Data
The live Lorenzo Protocol price today is $0.03 USD with a 24-hour trading volume of $635,318.38 USD. We update our BANK to USD price in real-time. Lorenzo Protocol is down 0.97% in the last 24 hours.
The current market cap is $65,727,109.12 USD, ranking #1664 by market capitalization. The circulating supply is 2,100,000,000 BANK.