Lorenzo Protocol Launches Phase 1 Mainnet, BTCB Staking Support
Lorenzo Protocol has launched Phase 1 of its mainnet with support for BTCB staking and Yield Accruing Tokens (YATs), among other features.
TL;DR: Lorenzo Protocol has launched Phase 1 of its mainnet, highlighted by the introduction of support for BTCB staking and Yield Accruing Tokens (YATs), among other features.
We’re thrilled to announce the arrival of Lorenzo Protocol Phase 1 mainnet, complete two milestone new features and additional updates to improve the dApp experience.
Access Phase 1 Mainnet: https://app.lorenzo-protocol.xyz/staking
The new features available to the Lorenzo community are as follows:
1. Yield Accruing Tokens (YATs)
Our highly-anticipated YAT token standard is now live on Lorenzo Protocol, enabling users to experience the full range of Lorenzo’s dual BTC staking tokenization system.
YATs represent the right to claim accrued liquid staking yield once the staking period has ended and are freely tradeable.
Learn more about YATs:
2. Support for BTCB Staking
Users can stake BTCB directly through BNB Chain to the Lorenzo dApp and receive stBTC and YAT tokens
3. Additional Updates
Phase 1 Mainnet introduces several additional updates to the dApp, including:
- A redesigned staking page
- Updated bridging design and functionality, with expanded support for additional chains
- The personal center now displays your points and staked assets
- A comprehensive reward center displays each aspect of the Lorenzo rewards system
We’re excited to continue the development of Lorenzo Protocol and look forward to additional key updates coming soon. Thank you to everyone who has supported our journey thus far!
To stay informed on all Lorenzo staking updates and opportunities, please visit and follow the regular updates on X (Twitter), Medium, Telegram, and Discord.
