What Is Lorenzo Protocol (BANK)?
Lorenzo Protocol is the first Bitcoin liquidity finance layer designed to unlock the potential of Bitcoin liquidity across decentralized finance (DeFi), Layer 2 platforms, and staking systems. It provides a structure where Bitcoin holders can stake their unused Bitcoin into Proof-of-Stake (PoS) ecosystems like Babylon and receive tokenized assets in return. Lorenzo issues Liquid Principal Tokens (LPTs) and Yield Accruing Tokens (YATs) to represent staked Bitcoin and future yields separately, offering more flexibility and liquidity in Bitcoin-based financial products.
How Lorenzo Protocol Works
Lorenzo Protocol operates by enabling users to stake Bitcoin through trusted custodial institutions and decentralized relayers, which verify staking activities and issue stBTC and YATs. Bitcoin staking transactions are recorded and validated on Lorenzo’s Cosmos-based appchain, while enzoBTC, a decentralized wrapped Bitcoin, offers additional interoperability across DeFi ecosystems. The platform supports trading, lending, and creating structured financial products with stBTC and YATs, building a complete DeFi environment around tokenized Bitcoin liquidity.
Who Are the Founders of Lorenzo Protocol?
Lorenzo Protocol was founded by Matt Ye, Fan Sang, and Toby Yu, who bring deep expertise in blockchain technology, Bitcoin infrastructure, and decentralized finance systems.
How Many Lorenzo Protocol (BANK) Tokens Are in Circulation?
BANK, the native token of the Lorenzo Protocol ecosystem, is available on various exchanges. It has a total supply of 425.25 million tokens.
How to Buy Lorenzo Protocol (BANK) on Bitget?
Consider investing in Lorenzo Protocol (BANK)? Follow these steps:
-
Verify your identity.
-
Deposit funds.
-
Check out the available Lorenzo Protocol trading pairs on Bitget.
Is Lorenzo Protocol a Good Investment?
Investing in Lorenzo Protocol depends on your risk tolerance and understanding of the Bitcoin DeFi space. As with any new blockchain project, potential investors should carefully research the platform’s technology, market position, and future roadmap before making investment decisions.
Simple 3-step guide to buying BANK today in São Tomé & Príncipe
Create your free Bitget account
Select a funding method
Complete your Lorenzo Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Lorenzo Protocol using a payment method of your choice:
Buy Lorenzo Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Lorenzo Protocol order.
How to buy crypto with credit/debit cardBuy Lorenzo Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Lorenzo Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Lorenzo Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Lorenzo Protocol order.Buy Lorenzo Protocol with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Lorenzo Protocol order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Lorenzo Protocol in your Bitget spot wallet
Bitget—where the world trades Lorenzo Protocol
How to buy Lorenzo Protocol for free
- Learn how to earn Lorenzo Protocol for free through the Learn2Earn promotion
- Earn free Lorenzo Protocol by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Lorenzo Protocol airdrops by joining ongoing challenges and promotions
Buy Lorenzo Protocol
Buy other cryptos
Buy Lorenzo Protocol in a different country
Buy other cryptos in your region
How to buy Ethereum in São Tomé & Príncipe
How to buy Ripple in São Tomé & Príncipe
How to buy Dogecoin in São Tomé & Príncipe
How to buy Solana in São Tomé & Príncipe
How to buy Litecoin in São Tomé & Príncipe
How to buy Binance in São Tomé & Príncipe
How to buy Tether in São Tomé & Príncipe
FAQ
Can I buy $1 worth of Lorenzo Protocol?
Can I buy $10 of Lorenzo Protocol?
Where else can I buy Lorenzo Protocol?
Where is the best place to buy Lorenzo Protocol?
Should I buy Lorenzo Protocol right now?
A volcanic chain with stunning rock and coral formations, rainforests, and beaches is home to the African island nation of São Tomé Príncipe. São Tomé Príncipe has a population of 227,380 and uses the São Tomé Príncipe Dobra as its official currency. Using the Bitget platform's P2P trading and other crypto deposit features, you may purchase Lorenzo Protocol(BANK) and other cryptocurrencies in less than 10 minutes.
The official language of São Tomé Príncipe is Portuguese. The Bitget website and app are available in Portuguese.
São Tomé and Príncipe have some beautiful cities such as São Tomé, Santo Amaro, Neves, Santa Cruz, and many others. Wherever you are in São Tomé and Príncipe, you can effectively trade crypto using the Bitget platform.
The country has an equatorial climate with high temperatures, humidity, and rainfall. Because it is mountainous, the south of the main island is wetter than the north. Early June through late September make up the bulk of the dry season. Between the end of December and the beginning of February, there is a second dry season called "Pequenas Gravana." The majority of São Tomé Príncipe's terrain is mountainous. Other substantial amounts of land are covered with rainforests, the majority of which give place to cloud forests at higher altitudes.
After a period of a transitional government, São Tomé and Príncipe achieved independence on 12 July 1975, choosing as the first president the MLSTP Secretary General Manuel Pinto da Costa. São Tomé and Príncipe have some stunning attractions such as Pico Cão Grande, Cascata de São Nicolau, Lagoa Azul, Obo National Park, and Museu Nacional De São Tomé.