BANKLorenzo Protocol (BANK) Price

1. Project introduction

Lorenzo is an institutional-grade asset management platform that issues yield-bearing tokens backed by diverse underlying strategies, with two flagship products featuring BTC Liquid Staking Token stBTC powered by Babylon staking yields and wrapped BTC enzoBTC containing Lorenzo native yield and on-chain liquidity farming yields.

2. Team introduction

Matt Ye， Co-founder & CEO

Fan Sang, Co-founder & CTO

3. Investment institution

Seed funding round by HTX Ventures, Binance Labs, ArkStream, Geekcartel, Symbolic Capital, 300DAO, Waterdrip Capital, D1 Ventures, DHVC, MH Ventures, NGC Ventures, Foresight Ventures, ABCDE Capital, and others.

4. Token application and distribution

Token application:

Staking and Governance

Token distribution:

•  Listing: 3%
• Marketing: 3%
• Binance Wallet IDO: 2%
• Advisors: 5%
• Treasury: 5%
• Team: 15%
• Ecosystem & Development: 13%
• Liquidity: 4%
• Rewards: 25%
• Investors: 25%