TL;DR: Lorenzo Protocol has partnered with Corn, a network utilizing Bitcoin as gas for DeFi applications, to integrate its stBTC token. Over $40 million in TVL has been deposited into the stBTC silo on Corn’s platform, offering users rewards in Corn kernels, Lorenzo points, and Babylon points. Users with a code (acquired through the Lorenzo Discord) can now deposit stBTC to earn these rewards.
We are excited to announce that Lorenzo Protocol has officially partnered with Corn, a Bitcoin-powered network driving the next wave of DeFi.
This collaboration brings the power of stBTC to Corn’s unique platform, where Bitcoin is used as gas to fuel a growing field of Bitcoin DeFi applications. Corn’s early access is now live, and the integration of Lorenzo’s stBTC token into the Corn network marks a significant step in expanding its usability and liquidity.
stBTC: Powering the Future of Bitcoin DeFi
Through this integration, stBTC holders can now deposit their tokens into the stBTC silo (staking vault) on the Corn platform. In just a short time, the stBTC silo has already attracted over $40 million in TVL!
This collaboration enhances the utility of stBTC and empowers users to maximize their yield across multiple reward ecosystems.
By staking stBTC on Corn, depositors will receive:
- 1.5x Corn kernels
- 1.5x Lorenzo points
- 1x Babylon points
How to Get Involved
If you’re ready to participate in this exciting opportunity, follow the Corn staking guide to begin staking your stBTC today. Early access is live, and users with a code can start earning rewards immediately by depositing stBTC into the silo.
To get a code, head to the Lorenzo Discord server and tag a team member.
Don’t miss out — join Corn today and start earning!
About Lorenzo Protocol
Lorenzo Protocol is the Bitcoin liquidity finance layer, offering advanced Bitcoin financial instruments to accelerate BTC savings performance and triumph in the booming Bitcoin DeFi landscape. Powered by a breakthrough decentralized token economy comprising enzoBTC (wrapped BTC standard), stBTC (staking receipt token), and yield-bearing tokens, Lorenzo distributes on-chain Bitcoin liquidity across DeFi, empowering depositors with premier yield opportunities. For creators of Bitcoin financial products, Lorenzo provides seamless access to liquidity through a global network of market makers, trading venues, and liquidity providers.
Backed by Binance Labs, Lorenzo has accumulated over $100 million in TVL and ensures security with institutional-grade solutions and an in-house team of cybersecurity experts. All Lorenzo LSTs are minted on BNB Chain, ensuring a secure and reliable experience for Bitcoin holders.
For more information, please visit and follow the regular updates on X (Twitter), Medium, Telegram, and Discord.
About Corn
Corn is a new Ethereum (ETH) Layer 2 network that uses its hybrid tokenized Bitcoin (BCTN) as the gas token and redirects network yield back to users and protocols.
Corn’s innovative implementation of a 1:1 pegged, hybrid tokenized Bitcoin, aptly known by its ticker $BTCN, allows millions of BTC hodlers (individuals and institutions) to finally put their holdings’ value to work. As a chain dedicated to exponentially expanding the usefulness of Bitcoin, Corn is opening the floodgates to the world’s most innovative and varied financial environment: Ethereum, its L2s, and the EVM more broadly.
Simply put, Corn is here to:
- Make it easy to put your Bitcoin to use
- Actually align users, apps and holders by being the original “veCHAIN”
Welcome the return of fun to crypto
