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World Liberty Financial strategically acquired approximately $40,000 worth of BANK to support the development of the Lorenzo Protocol project.
Odaily News World Liberty Financial (WLFI) has completed a strategic acquisition of the native token BANK of the Lorenzo protocol, with a total purchase amount of 636,683 coins, approximately 40,000 USD. This acquisition took place after the announcement of the results of the USD1 million incentive program. The plan is jointly initiated by WLFI in collaboration with BNB Chain, PancakeSwap, BUILDon, etc. Lorenzo was recognized as the winning project in the "Existing BSC Projects" track for his performance in expanding the USD1 application. Lorenzo launched the USD1+ OTF product, using USD1 as the unified settlement asset, expanding its functionality from a payment tool to an on-chain yield asset. Lorenzo creates wealth management tokens to support the on-chain liquidity deployment of USD1.