Blockchain Climate Tech Startup Coral Raises $3 Million Copy

Projects requiring Bitcoin liquidity can issue yield bearing financial instruments to acquire liquidity from Bitcoin stakers, who will earn yield on staked BTC.To offset risk, Lorenzo will issue Bitcoin liquidity stakers.

BTC, the native Lorenzo liquid restaking token (LRT), for their staked liquid principal token (LPT), and also mint yield-accruing tokens (YAT) for the staking period. YAT holders can claim all rewards at the time of maturity.

Both the Liquid Principal Token (LPT) and Yield-Accruing Token (YAT) can be freely traded and utilized throughout Lorenzo’s DeFi ecosystem.

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