The BANK token is not a scam token, but the 'power core' of the Lorenzo Protocol; holding it is like having the remote control of an on-chain investment bank!#lorenzoprotocol $BANK @Lorenzo Protocol
The total supply is fixed, and BANK drives the entire ecological cycle, with outstanding practicality, transforming holders from passive players into protocol leaders. First, governance rights: Locking BANK generates veBANK, allowing votes to decide on strategy upgrades, revenue distribution, and partnerships. Your voice directly influences the direction of the USD1+ OTF fund and the optimization of stBTC products. Secondly, explosive incentives: Participate in staking, provide liquidity, or engage in community tasks to earn massive BANK rewards; early airdrops have made loyal fans very wealthy. Third, fee reduction: Trade with BANK or compound earnings to enjoy exclusive discounts and save a significant amount on gas fees. The economic model is intricate: A portion of the protocol's income is used to repurchase BANK, and the burn mechanism prevents inflation; the longer veBANK is locked, the greater the voting power and rewards, encouraging long-term holding. BANK also bridges BTCFi and RWA, with holders having priority access to new products like enzoBTC. Compared to ordinary DeFi tokens, BANK's practicality crushes the competition: It is not only speculative but also grants real power and sustainable returns. Under Lorenzo's institutional-level positioning, BANK has unlimited potential and could become the next governance king token. Seize it and take control of the future of Bitcoin DeFi.
