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CygnusFi
@cygnusfi
📢 We are thrilled to announce our partnership with @LorenzoProtocol, the premier Bitcoin Liquidity Finance Layer backed by @BinanceLabs. Lorenzo is revolutionizing Bitcoin liquidity by providing an efficient market for Bitcoin holders to stake their liquidity, offering Liquid Principal Tokens (LPTs) and Yield Accruing Tokens (YATs) for enhanced yield opportunities. https://x.com/CygnusFi/status/1851191026452435330
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CygnusFi
@cygnusfi
🎁 Through this strategic collaboration, Cygnus is proud to integrate Lorenzo’s stBTC into our Omnichain Liquidity Validation System (LVS). This not only enables users to deposit their #Bitcoin liquid staking tokens seamlessly but also unlocks new layers of earning potential. By restaking stBTC in Cygnus, users can access rewards from @babylonlabs_io, @LorenzoProtocol, @BSquaredNetwork, as well as additional incentives through Cygnus LVS fees and Real Yield $CYGNUS tokens. This multiple yield opportunity allows committed users to maximize the value of their Bitcoin holdings while participating in a cutting-edge liquidity ecosystem. 🤝 This partnership unlocks new possibilities for Bitcoin liquidity staking. As pioneers in the exploration of BTCFi, Cygnus and Lorenzo are excited to continue collaborating and create more opportunities to enhance the value of Bitcoin liquidity for our users. Learn more on the blog https://medium.com/@CygnusFinance/cygnus-partners-with-lorenzo-to-expand-btcfi-314d2deaf013
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