Lorenzo USD1+ OTF Revolutionizes Stablecoin Yield on BNB Chain with Innovative On-Chain Fund
2025-07-11 07:51:41
Main Idea
Lorenzo's USD1+ OTF won the USD1 1M incentive initiative for advancing USD1 adoption on BNB Chain, introducing a stablecoin yield product integrating RWA and quantitative trading.
Key Points
1. Lorenzo won the USD1 1M incentive initiative in the 'Existing BSC Projects' category for promoting USD1 adoption.
2. Lorenzo launched the USD1+ On-chain Traded Fund (OTF), using USD1 as a base asset for liquidity deployment and financial product tokens.
3. The USD1+ OTF is deployed on the BNB Chain testnet and integrates Real-World Assets (RWA) and quantitative trading.
4. The initiative was organized by World Liberty Financial (WLFI), BNB Chain, PancakeSwap, and BUILDon.
Description
On July 11, the USD1 1M incentive initiative, collaboratively organized by World Liberty Financial (WLFI), BNB Chain, PancakeSwap, and BUILDon, revealed its official outcomes. Lorenzo emerged as the distinguished winner
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