Lorenzo will launch institutional-grade yield products BNB+OTF and Lorenzo Earn, and introduce a PoC community incentive system.

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According to Foresight News , Lorenzo Protocol, an institutional asset management platform, announced the upcoming release of several products and the launch of a new Proof of Commitment (PoC) community incentive system. Among them, BNB+ OTF, the second OTF product launched after sUSD1+, employs a four-fold yield engine to provide users with institutional-grade BNB yield sources.

Meanwhile, Lorenzo will launch a new Lorenzo Earn product line. The initial Earn products will build DeFi Vaults around USD1 and sUSD1+, and through deep collaboration with high-quality projects in the BNB ecosystem, introduce diversified revenue streams such as additional LPs, lending, and interest rate derivatives. In terms of community incentives, Lorenzo will officially launch a Proof of Commitment (PoC) incentive system, covering Q2 points, veBANK ($BANK locked), and additional yLRZ rewards for early supporters.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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