Odaily Planet Daily reported that the on-chain asset management platform Lorenzo has officially launched its first OTF (On-chain Traded Fund) testnet product - USD1+ OTF, which is also its first U-based yield product settled in USD1 stablecoin, now deployed on the BNB Chain testnet. This product is supported by Lorenzo's Financial Abstraction Layer, which integrates three main sources of income: RWA yield, quantitative strategies, and DeFi yield, all settled uniformly in USD1. Lorenzo thus becomes one of the earliest projects to build real yield products around USD1, promoting the practical use of USD1 in the on-chain financial ecosystem. Users can participate in product testing by staking USDT, USDC, or USD1 to obtain sUSD1+ tokens representing the right to yield and experience a stable, diverse, and real yield structure. Lorenzo's future vision is to create an on-chain investment bank focused on providing standardized issuance, tokenized management, and fundraising services for yield-generating assets in CeFi, RWA, and DeFi, bridging large-scale on-chain funds with institutional-level wealth management products.

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