Lorenzo Protocol
BANK
Rank #228
0.04932888
24h
24h:
-3.43%
7d:
-8.29%
30d:
+9.63%
Market Cap
20.985M
24h:
-3.4%
Volume
4.403M
Circulating Supply
425.25M BANK
Total Supply
425.25M BANK
Lorenzo is the Bitcoin Liquidity Finance Layer. Lorenzo creates an efficient market where Bitcoin holders can easily find the best opportunities to invest their unused Bitcoin liquidity. It serves as the premier DeFi ecosystem to finance Bitcoin restaking tokens. To incentivize users to stake Bitcoin liquidity, Lorenzo tokenizes staked Bitcoin into Liquid Principal Tokens (LPTs) and Yield Accruing Tokens (YATs) for each restaking transaction.
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