Today marks the milestone launch of enzoBTC, a transformative asset for the Lorenzo ecosystem designed to unleash Bitcoin liquidity's full potential within our ecosystem.
enzoBTC is the foundation for accessing unparalleled BTCFi yield opportunities and advanced financial tools while preserving the principles that make Bitcoin so powerful.
Here's everything you need to know!
What Makes enzoBTC Essential?
enzoBTC plays the role of “cash” in the global Lorenzo ecosystem, empowering users to:
- Access Advanced Yield Tools: enzoBTC unlocks the full suite of BTC yield tools available in our ecosystem. For example, deposit enzoBTC into a yield vault and start earning rewards.
- Unlock Global Bitcoin Liquidity: By bridging Bitcoin to a multi-chain DeFi ecosystem, enzoBTC enables users to seamlessly leverage their BTC across various networks, amplifying its utility and earning potential.
The token is not reward-bearing like our stBTC token. It redeemable 1:1 for BTC and maintains a simple wrapping and unwrapping process to keep liquidity flowing smoothly.
How To Get enzoBTC
- Visit - https://app.lorenzo-protocol.xyz/staking
- Toggle enzoBTC
- Stake BTC or equivalent assets from Ethereum, BNB Chain, or Bitcoin mainnet
Already-Supported Chains
We’re committed to ensuring enzoBTC operates seamlessly across today’s most prominent blockchain networks.
Launch day chains supporting the token include:
- BNB Chain
- Ethereum
- Taiko
- Swell Network
- Core DAO
- Corn
- Hemi Network
- Kernel DAO
- Plume Network
- Sonic SVM
- Morph
- Rootstock
With this multi-chain support, enzoBTC is more than just a token; it’s the gateway to a thriving, interconnected Bitcoin DeFi ecosystem.
Stay tuned for future announcements as we continue to add support for additional networks!
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