<p>Lorenzo stBTC is a token used within the Lorenzo Protocol to represent staked Bitcoin in a liquid, transferable format. Users can mint stBTC by staking Bitcoin on Lorenzo’s platform, allowing them to earn yield on their assets while participating in the ecosystem’s decentralized finance (DeFi) offerings, such as lending and liquidity provision. The stBTC token can also be bridged to other blockchain networks, enabling users to leverage their staked Bitcoin across multiple DeFi applications without losing access to their underlying asset. </p>

Lorenzo stBTC

Lorenzo stBTC is a liquid staking token (LST) within Lorenzo Protocol.

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SUI gained traction in Q1, expanding daily active wallets and total value locked. SUI added 60% to its price in a week, on talk of new ETF and the growth of DeFi.

Lorenzo stBTCSTBTC

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SUI boosted by ETF talk and a growing DeFi sector