TL;DR: Lorenzo Protocol has partnered with Master Protocol to integrate Lorenzo liquid staking tokens into Master Protocol’s yield trading product. In celebration of the partnership, exclusive NFT whitelist benefits for participants in Lorenzo’s Babylon pre-staking event will be available in Master Protocol’s Master Yield Pass activation.

We’re grateful to announce Master Protocol, the one-stop BTCFi platform, as our newest DeFi ecosystem partner.

Master Protocol aims to have product offerings at every level of the value chain of the BTCFi ecosystem; through our partnership, they’ve integrated stBTC for stBTC/BTC trading as a part of that mission.

Yield Trading Integration

Moving forward, our teams will work together to integrate Lorenzo liquid staking tokens into Master Protocol’s yield trading product.

We expect this to be completed by the end of July, if not sooner.

Master Yield Pass: Whitelist Opportunity For Lorenzo Community Members

In celebration of our new partnership, Master Protocol has delegated 500 whitelist spots for Lorenzo community members to secure NFTs from the Master Protocol Master Yield Pass activation.

Key Details:

• When To Mint — The estimated minting period is next week. Please follow Master Protocol on X for further announcements.
• Where To Mint — We will post the minting portal once it is available. Be sure to follow Master Protocol and turn notifications on to ensure you don’t miss the launch!
• Whitelist Types — There are two types of whitelist spots available: Guaranteed and Lucky. A Guaranteed whitelist means that, during the first phrase of Master Protocol’s freemint, the whitelist holder can acquire the allocated NFT at any time. A Lucky whitelist is for the second phase of minting; during this phase, NFTs will be collected on a first-come, first-served basis — be sure to show up to the mint at the start time for the best chance to secure your NFT before they are all minted!
• Eligibility — Anyone who maintains an active BTC stake in the Lorenzo Babylon pre-staking event is eligible. To be considered for whitelist allocation, users must have their BTC staked before 4:00 pm UTC time, June 21st (12:00 am Singapore time, June 21st). If you miss this deadline, you will still be able to participate in the Babylon pre-staking event; it will run until Babylon launches its mainnet. Total time staked will not be considered for determining whitelist eligibility for this activation.
• (250 Whitelist) Leaderboard NFT Whitelist — The top 250 ranked users staked to our Babylon pre-staking event will receive a guaranteed whitelist for an NFT. Rankings are based on the amount of BTC staked.
• (200 Whitelist) Referral NFT Whitelist — The top 200 users with the most referrals will receive a lucky whitelist for an NFT
• (50 Whitelist) Lorenzo Contributors — 50 guaranteed whitelist spots will be allocated to Lorenzo community members who have the “Lorenzo Contributor” role in the Lorenzo Protocol Discord.

We will publish more details related to the activation

To learn more about the activation, read Master Protocol’s guide: https://medium.com/@MasterProtocol_/announcing-the-master-yield-pass-a-comprehensive-rulebook-c7363f90c8f4

To learn more about the Lorenzo Babylon pre-staking event, read our guide:

https://medium.com/@lorenzoprotocol/lorenzo-betanet-101-guide-to-babylon-pre-launch-staking-ba02f9681d2b

About Lorenzo Protocol
Lorenzo Protocol is building the first Bitcoin liquidity finance layer, complete with a Bitcoin liquid staking protocol, to achieve the goal of becoming the premier platform for yield-bearing token issuance, trading, and settlement through Babylon. On its platform, Lorenzo connects Bitcoin stakers — regardless of the size of their holdings — with top-tier projects needing liquidity and security, thus unlocking the liquidity of staked assets and capturing world-class yields for stakers. It offers streamlined Bitcoin management and user protections such as staking insurance, node operator credit scores, anti-slashing mechanisms, and validator permits.

This foundation facilitates seamless integration and interoperability for Bitcoin across the Web3 ecosystem, providing a pathway for significant liquidity and yield generation across networks. By issuing two forms of liquid staking tokens — liquid principal tokens (LPTs) and yield accruing tokens (YATs) — to users upon the completion of their BTC deposit, Lorenzo not only enhances liquidity but also establishes a foundation for a DeFi ecosystem built on these token standards. This enables the creation of more complex DeFi products utilizing stBTC (Lorenzo’s native LPT) and YATs, further exploring the possibilities of Bitcoin finance.

For more information, please visit and follow the regular updates on X (Twitter), Medium, Telegram, and Discord.

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