Lorenzo Protocol (BANK) Price

Lorenzo Protocol (BANK) is a DeFi platform on the BNB Smart Chain that enables Bitcoin holders to stake BTC in return for liquid derivatives like stBTC. These tokens retain liquidity and yield, functioning across DeFi ecosystems. The native BANK token serves governance functions and rewards via veBANK.

Lorenzo Protocol is a decentralised finance (DeFi) platform built on the BNB Smart Chain (BEP‑20) that aims to unlock Bitcoin’s liquidity through liquid staking derivatives. The protocol allows users to stake BTC via Layer‑2 networks (like Babylon), receiving tokenized versions of staked Bitcoin—such as stBTC—that retain liquidity and can be used across various DeFi protocols.

This enables Bitcoin holders to earn staking rewards while keeping their assets accessible for other DeFi activities like lending, trading, or yield farming.

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