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After weeks of hard work from our development team, we’re excited to unveil the all-new Lorenzo Protocol staking dApp, complete with an abundance of upgrades that take your BTC staking experience to the next level!
View the site: https://app.lorenzo-protocol.xyz/staking
Here’s everything you need to know!
What’s Included
Our dApp now features several key updates that Lorenzo stakers should be aware of, each intended to improve the overall user experience.
stBTC Interface & Market Demand Adaptation
We redesigned the stBTC user interface with clearer, more visible information so that users can easily understand the basic mechanisms of the token.
Additionally, we’ve revised our YAT token flow. Before, YATs were obtained by users immediately upon staking BTC (or BTC equivalents) to Yield Vaults (formerly known as Bitcoin Liquid Staking Plans). Now, in order to better meet market demand, more quickly connect with new partners and bring more yield opportunities to users, and achieve better asset interoperability, YATs will be distributed in an airdrop later in the staking period. Once YATs are available to claim, stakers will be notified via a prompt on the dApp, and can then choose to receive their rewards on Ethereum or BNB Chain.
With the three outlined benefits resulting from this update, we anticipate an increase in staker engagement and satisfaction.
Additional Updates
Our upgrade also included:
- A more intuitive dApp design that improves user guidance to help users perform staking operations more easily.
- Interface optimization intended to achieve rapid integrations with new partners and enable team Lorenzo to begin to promote the circulation and interconnection of assets between different BTCFI platforms.
- Revenue structure optimization through a multi-layer YAT system that enables our team to provide additional benefits to stakers and attract more users.
- Easily view full staking history including transaction amount, transaction status, reward redemption history, and much more.
- Keep track of your rewards portfolio with our new portfolio view, complete with “Official” and “My” tabs.
- Search for relevant yield opportunities with the Protocol Search.
- And much more!
We’re excited to hear all about your new Lorenzo staking experience. If you’d like to share feedback, please head to our Discord and leave us a message.
Happy staking!
To stay informed on all Lorenzo staking updates and opportunities, please visit and follow the regular updates on X (Twitter), Medium, Telegram, and Discord.
