Thanks to Lorenzo’s innovative infrastructure, users can access complex financial products on-chain in a transparent and programmable manner. This framework allows the creation of tokenized investment funds called On-Chain Traded Funds (OTF).

Initially one of the oldest BTCFi staking platforms, Lorenzo has evolved into an institutional-grade asset management platform.

• Integrated with 20+ blockchains

• Connected to 30+ DeFi protocols

• Yield strategies executed on $600M BTC via stBTC and enzoBTC

Project Concept

Lorenzo aims to bridge DeFi and CeFi, making sustainable, high-yield strategies accessible for both retail and institutional investors. The FAL layer allows different strategies (e.g., delta-neutral arbitrage, covered calls, volatility harvesting, RWA yields) to operate under a single modular framework. This modularity ensures flexibility, security, and scalability in financial products.

How Lorenzo Works

1. On-Chain Fund Collection:
   Users deposit assets into smart contracts and receive tokens representing their investment shares (e.g., LP tokens).

2. Off-Chain Strategy Execution:
   Funds are managed off-chain by allowlisted managers or automated systems using CeFi arbitrage, delta-neutral trading, or volatility harvesting.

3. On-Chain Settlement and Distribution:
   Profits and losses are reported on-chain, NAV is updated, and yields are distributed via smart contracts.

Combined with OTFs, this setup enables real-time tracking, transparent reporting, and on-chain payments.

Team & Founders

• Matt Ye – Co-Founder & CEO

• Fan Sang – Co-Founder & CTO

• Toby Yu – Co-Founder & CFO

• Tad Tobar – COO

Investors & Partners

• World Liberty Financial (WLFI) – official asset management partner

• BNB Chain (strategic partner)

• Animoca Brands

• NGC Ventures

• DHVC

• Portal Ventures

Products

• stBTC: Babylon reward-bearing LST for staking, earns Babylon yield and Lorenzo points. TVL ~$35.47M.

• enzoBTC: Wrapped BTC 1:1 redeemable, used as collateral in the Lorenzo ecosystem. TVL ~$637.98M.

Both tokens reward active users through a 1x point mechanism, representing $600M+ BTC yield strategies.

Governance ($BANK)

Governance uses the $BANK token and vote-escrowed system (veBANK). Users lock $BANK for veBANK, gaining higher voting power and boosted rewards.

$BANK Token Details

• Total Supply: 537.83M

• Max Supply: 2.1B

• Circulating Supply: 437.91M

Allocation

• Rewards: 25%

• Investors: 25%

• Ecosystem & Development: 13%

• Team: 15%

• Treasury: 5%

• Advisors: 5%

• Binance Wallet IDO: 2%

• Marketing: 3%

• Listing: 3%

• Liquidity: 4%

Token Use Cases

• Staking & Platform Access

• Governance Voting

• Participation Rewards

Ecosystem & Integrations

• 20+ blockchains

• 30+ DeFi protocols

• stBTC & enzoBTC yield strategies worth $600M

• Oracle & cross-chain services: Chainlink, LayerZero, Wormhole

• Wallets: OKX Wallet, Trust Wallet, Binance Wallet

• USD1+ product in partnership with WLFI combining RWA and DeFi yields

Key Features

• FAL: Modular DeFi & CeFi strategy execution
• OTF: Fully on-chain, ETF-style yield funds
• veBANK: Long-term governance power & reward boosts
• Multi-chain & multi-protocol: Active integration with 20+ chains & 30+ protocols
• Institutional-grade products: RWA, CeFi loans, advanced risk management

Official Links

• Website
• Discord
• Twitter
• Telegram

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