Lorenzo Protocol: Unlocking a New Era of BTC Derivatives and Multi-Chain Liquidity
Bitcoin has always been the strongest asset in crypto, but its utility in DeFi has remained limited — until now. @Lorenzo Protocol is introducing a breakthrough framework that expands what users can do with BTC through a powerful system of wrapped and yield-bearing derivatives.
At the center of this innovation is the protocol’s approach to creating multi-chain BTC assets like stBTC (yield-bearing BTC) and enzoBTC (wrapped BTC for cross-chain mobility). These derivatives allow users to move, stake, and deploy Bitcoin across different ecosystems without sacrificing security or liquidity.
This shift doesn’t only improve BTC usability — it unlocks strategic advantages for traders, yield farmers, and institutional participants who want deeper exposure to Bitcoin’s stability while accessing DeFi's dynamic opportunities.
The role of $BANK becomes crucial here. As the native token of the ecosystem, $BANK governs the flows of liquidity, staking rewards, and derivative emissions. Holders who stake and convert to veBANK gain influence over key decisions such as asset expansion, yield parameters, and inter-chain integration policies.
With more exchanges supporting $BANK and its wrapped BTC models, Lorenzo is building an infrastructure where Bitcoin becomes a fully programmable asset — transferable, productive, and integrated across L1s and L2s.
As crypto moves toward a multi-chain future, solutions like @LorenzoProtocol are paving the way for Bitcoin to become more than a store of value — transforming it into a core financial layer for next-generation DeFi.
