Welcome to the December edition of our ecosystem roundup! This is your quick, monthly update on all key happenings across the Lorenzo Protocol Ecosystem.
Let's explore what's new!
30,000+ stBTC Holders Join The Lorenzo Mission
To celebrate our historic NAVI and Cetus integrations, which brought BTCFi to Sui for the very first time, we launched Bitcoin Is On The Move, the first-ever event dedicated to bringing Bitcoin liquidity and utility to the Sui ecosystem.
The event was a massive success, with 32,715 total stBTC holders added!
See more results - https://lorenzo-protocol.xyz/lorenzo-updates/30000-stbtc-holders-added-on-sui
To sustain this momentum, we are in the process of integrating the Sui Wallet with our staking dApp, aiming to provide users in the Move ecosystem with an even smoother experience. Furthermore, we are working on enabling native stBTC minting on Sui, allowing users to mint stBTC directly within the ecosystem to simplify staking and enhance liquidity management.
We are also pursuing additional partnerships within the Move ecosystem to ensure stBTC holders can benefit from a broader array of DeFi applications and earning opportunities.
View stBTC on Cetus: https://linkly.lorenzo-protocol.xyz/stBTC-Cetus
View stBTC on NAVI - https://linkly.lorenzo-protocol.xyz/stBTC-NAVI
Track stBTC's progress on Sui - https://suivision.xyz/coin/0x5f496ed5d9d045c5b788dc1bb85f54100f2ede11e46f6a232c29daada4c5bdb6::coin::COIN?tab=Holders
Lorenzo Completes Babylon Cap 3 Staking
Our team has completed another successful round of Babylon staking, adding 32 BTC to our total stake amount to secure additional Babylon points for our stakers!
As a result, our total stake amount in Babylon is 2,127.83 BTC and our Lorenzo x ChainUp delegation has reached an active TVL of 1,528.85 BTC.
Our staking to Babylon has come from deposits to our Babylon yield vault, providing depositors stBTC to maintain their liquidity during staking. The yield attached to stBTC is tied to the future launch of the Babylon token. Upon Babylon’s token launch, Lorenzo will receive an allocation proportionate to its staking activity with Babylon. These rewards will then be distributed to stBTC holders, reflecting the yield they have accrued through staking.
Learn more about stBTC - https://lorenzo-protocol.xyz/lorenzo-updates/the-definitive-guide-to-lorenzo-protocols-stbtc-lst
New Chains Available For stBTC Bridging
As a part of our efforts to bring stBTC omnichain, we launched several new chains on our dApp bridge, enabling you to expand your BTC liquidity further!
Bridging is now available to these chains:
Explore these new networks - https://app.lorenzo-protocol.xyz/bridgestBTC
Please Note: Bridging to these chains is supported from BNB Chain and ETH. If your stBTC is not on BNB Chain or ETH, then you'll need to first bridge it to BNB Chain or ETH before proceeding to bridge to the newly added chains.
Don't Miss These Yield Opportunities
Baby Corn V2
stBTC is back for another round of Corn's Baby Corn yield event, in which you can earn Babylon points by committing liquidity to pools on Corn.
- 4.5M points will be distributed across 45 days
- Each eligible pool’s Points multiplier matches Kernels
- Points can be tracked in the Corn app
To get started:
- Head to https://usecorn.com/app?action=earn
- Find the @CurveFinance app and click "Juiced Pools"
- Select the stBTC pool (contract address - 0xf6718b2701d4a6498ef77d7c152b2137ab28b8a3)
- Manage your deposit on Curve
New BTCFi Alliances
Our ecosystem of impactful collaborations and integrations continued to grow in December.
We're proud to welcome the following projects to the Lorenzo ecosystem:
Cobo, Ceffu, and ChainUp
Lorenzo Protocol is entering the Move ecosystem to introduce Bitcoin liquidity and staking solutions to its booming ecosystem. By integrating stBTC, Lorenzo brings BTC liquidity into Move, providing yield opportunities and unlocking Bitcoin’s utility. This entry strengthens the Move DeFi landscape and further establishes Lorenzo as a leading omnichain force, with stBTC becoming the first yield-bearing BTC token fully technically integrated and launched on Sui — available on NAVI and Cetus for use.
Listen to the X Spaces event - https://x.com/i/spaces/1BRKjwQLeawGw
NAVI
Lorenzo Protocol has completed an integration with Wormhole to bring access to multichain liquidity to its assets, starting with stBTC and enzoBTC. Together, these assets now account for 50% of the available BTC assets for cross-chain bridging on Wormhole. Lorenzo users can now transfer the assets to Sui and BNB Chain, with 1,000 enzoBTC, 500 stBTC, and an initial milestone of $1 million in stBTC liquidity achieved on Sui.
Listen to the X Spaces event - https://x.com/i/spaces/1OdKrXqaRqXJX
Cetus
Lorenzo Protocol has partnered with Cetus, the leading DEX and liquidity protocol on Sui Network, to integrate $stBTC, the first yield-bearing BTC token on Sui. This partnership enhances BTC liquidity within the Move ecosystem, providing new DeFi opportunities for stBTC holders. Start trading now at Swap on Cetus.
Listen to the X Spaces event - https://x.com/i/spaces/1OdKrXqaRqXJX
Lorenzo Community Updates
Gamified Community Structure
We've launched a revamped community structure, complete with a leveling system, quests, and epic rewards!
Introducing Lorenzo Academy
Dive into our expanding library of educational content designed to empower your Bitcoin and BTCFi journey—whether you're just starting or a seasoned pro!
Explore now - https://lorenzo-protocol.xyz/academy
Unleash Your Meme Magic
We're now hosting a weekly meme competition in our Discord's #memes channel. Four winners will earn $20 each every week for creating the best memes.
We've also launched the Lorenzo Asset Library to assist with all of your Lorenzo meme, artwork, etc. creations!
Congratulations to our first winners! - https://discord.com/channels/1173722099320373288/1248689724978102386/1322275894500393000
Bitcoin DeFi Community On X
We revamped our X community to focus around all things Bitcoin DeFi—news, yield strategies, and much more. Since completing changes, membership has nearly tripled!
Join here - https://x.com/i/communities/1808559312207556628
Must-View BTCFi Content
- Matt Ye, CEO of Lorenzo Protocol, provides his top 2024 takeaways, 2025 outlook, and much more in this interview with CoinMarketCap
- Matt Ye joins Babylon for a special Cap 3 AMA
- Who Owns The Most Bitcoin?
- An updated guide to Lorenzo's stBTC token
- Bitcoin & The Move Ecosystem: An Overview Of Key Players And Implications
If you enjoyed this blog, share it with a friend and invite them to the Lorenzo community!
To stay informed on all Lorenzo staking updates and opportunities, please visit and follow the regular updates on X (Twitter), Telegram, and Discord.
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