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World Liberty Financial strategically acquires approximately $40,000 worth of BANK to support Lorenzo Protocol project development
Summary: World Liberty Financial (WLFI) has completed a strategic acquisition of the native token BANK of the Lorenzo Protocol, purchasing a total of 636,683 tokens, equivalent to approximately $40,000. This acquisition took place after the announcement of the USD1 million incentive program. The program, initiated by WLFI in collaboration with BNB Chain, PancakeSwap, BUILDon, and others, ...
World Liberty Financial (WLFI) has completed a strategic acquisition of the native token BANK of the Lorenzo Protocol, purchasing a total of 636,683 tokens, equivalent to approximately $40,000. This acquisition took place after the announcement of the USD1 million incentive program. The program, initiated by WLFI in collaboration with BNB Chain, PancakeSwap, BUILDon, and others, recognized Lorenzo as the winning project in the 'Existing BSC Projects' category for its performance in expanding USD1 applications. Lorenzo's USD1+ OTF product, using USD1 as the unified settlement asset, has expanded its functionality from a payment tool to on-chain income assets. By issuing financial tokens, Lorenzo is deploying on-chain liquidity for USD1.
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