Lorenzo — The Bitcoin Liquidity Finance Layer for DeFi and Staking
As Bitcoin adoption grows worldwide, so does the demand for Bitcoin liquidity — across Layer 2s, DeFi, and trading platforms. Lorenzo meets this need by creating a smart and efficient market for Bitcoin liquidity.
Inspired by Babylon’s idea of Bitcoin Shared Security (staking Bitcoin to earn rewards on Proof of Stake chains), Lorenzo helps Bitcoin holders earn more by putting their unused BTC to work.
Here’s how it works:
Lorenzo tokenizes staked Bitcoin into two key tokens:
LPTs (Liquid Principal Tokens)
YATs (Yield Accruing Tokens)
These tokens make it easy to track and trade both principal and yield.
Lorenzo also offers the infrastructure to trade LPTs and YATs and claim staking rewards.
With Lorenzo, Bitcoin holders get simple access to the best yield opportunities, while powering a next-gen DeFi ecosystem built around Bitcoin liquidity.