The BANK Token: Powering the Lorenzo Protocol Ecosystem
The BANK token is the native utility and governance token of the Lorenzo Protocol, a rapidly growing DeFi ecosystem built on the BNB Smart Chain (BSC). With a fixed total supply of 2.1 billion tokens, BANK is designed to align incentives between users, stakers, and governance participants while driving long-term sustainability.
Core Mechanics: From BANK to veBANK BANK holders can lock their tokens for a chosen period to mint veBANK (vote-escrowed BANK). This locking mechanism transforms simple token holdings into a powerful governance and utility asset. The longer the lock-up period, the greater the amount of veBANK received, amplifying the holder's influence and rewards within the ecosystem.
Key Use Cases of the BANK Token
Staking & Privileges By staking BANK or holding veBANK, users unlock exclusive protocol privileges. These include access to advanced features, boosted yields, and priority participation in new product launches.
Governance Rights BANK is the cornerstone of decentralized governance in Lorenzo Protocol. veBANK holders can propose and vote on critical decisions, such as: - Product roadmap and feature updates - Fee structure adjustments - Allocation of ecosystem growth funds - Future token emission schedules and incentive programs This ensures that the protocol evolves in line with the community's vision.
Sustainable Rewards System A portion of the protocol's real revenue is continuously directed into a reward pool. Active participants--whether through providing liquidity, voting in governance, or engaging in community initiatives--are eligible to earn BANK emissions. This "flywheel" model creates a self-reinforcing loop: more usage - more revenue - more rewards - stronger participation.
Why BANK Matters With its capped supply, revenue-backed rewards, and robust governance framework, BANK is more than just a token--it's the economic and decision-making engine of the Lorenzo Protocol. By locking BANK into veBANK, users not only gain enhanced utility and influence but also directly contribute to the long-term alignment and growth of the entire ecosystem.
As Lorenzo continues to expand its suite of Bitcoin-focused DeFi solutions on BSC, the BANK token remains at the heart of its incentive structure, governance model, and community-driven development.
BANK is the native token of the Lorenzo protocol, with a total supply of 2.1 billion tokens. It’s issued on the BNB Smart Chain (BSC) and can be locked to create veBANK, which activates additional utilities across the ecosystem. Bank has multiple use cases:
Staking: Users can stake BANK to access certain privileges on the protocol, including voting rights, feature access, and the ability to influence incentive gauges.
Governance: BANK serves as the protocol’s governance token. Holders can vote on proposals related to product updates, fee adjustments, use of ecosystem growth funds, and future emission changes.
Rewards: Active users of the protocol may receive BANK rewards. A portion of ongoing protocol revenue funds a sustainable reward pool for users who interact with the platform, vote, or take part in community activities.
AI & Data Protocols Powering KiteAI's Decentralized Ecosystem
KiteAI is building a truly decentralized AI network by strategically partnering with leading specialized AI and data protocols. Rather than attempting to recreate every component from scratch, KiteAI focuses on integrating best-in-class projects to rapidly populate the supply side of its ecosystem with high-quality, verifiable resources that autonomous agents need to operate effectively.
Key Partnerships Driving Resource Availability
Masa - A decentralized data network providing agents with access to verifiable, permissionless data streams and ownership proofs. Masa ensures that the information feeding AI agents is trustworthy and tamper-resistant.
AI Veronica (Animoca Brands) - A next-generation digital identity and experience layer that brings rich, verifiable personas and interactive capabilities into the KiteAI environment.
Codatta, Vishwa, Bitmind, and others - These specialized protocols contribute diverse open-source models, domain-specific intelligence, and advanced capabilities, creating a rich marketplace of AI tools and datasets.
By onboarding these established projects, KiteAI accelerates the availability of production-ready resources while allowing each partner to retain sovereignty over its own stack.
A Purpose-Built Execution and Settlement Layer
One of the biggest bottlenecks in today's decentralized AI landscape is economic coordination. Mining rewards, model validation, inference payments, and data contributions all generate massive volumes of micropayments and state updates--activity that quickly overwhelms general-purpose blockchains never designed for AI-scale throughput.
KiteAI solves this by providing a dedicated high-performance environment optimized specifically for execution and on-chain settlement. Its architecture functions as a specialized financial and logistical backbone, handling:
Ultra-fast settlement of microtransactions Efficient reward distribution for miners and validators Low-cost economic coordination across the network
This design frees individual subnets and partner protocols to concentrate on their core strength--intense AI competition and innovation--without being constrained by slow or expensive settlement layers.
The Result: A Thriving, Agent-Ready Ecosystem
By combining battle-tested AI and data protocols with a settlement layer purpose-built for AI workloads, KiteAI is removing key friction points that have hindered decentralized intelligence until now. The network is evolving into a vibrant, high-performance ecosystem where agents have abundant access to verifiable data, diverse models, and seamless economic rails--setting the stage for the next generation of autonomous, on-chain AI applications.
To build a robust and decentralized AI ecosystem, KiteAI is actively collaborating with a range of specialized AI and data projects to populate the supply side of its network. These partnerships are crucial for providing agents with high-quality resources to function effectively. Key partners include Masa, a decentralized data network that offers verifiable data sources for agents, and AI Veronica, an Animoca Brands project focused on digital identity and experiences. Collaborations with protocols like Codatta, Vishwa, and Bitmind further enrich the ecosystem with diverse models and capabilities. Furthermore, KiteAI plans to engage with innovative projects by offering a dedicated, high-performance environment for execution and on-chain settlement. The goal is to solve some of the most significant pain points such as economic coordination and settlements. Currently, mining, validation, and the resulting high volume of micropayments all rely on traditional blockchains that were not designed for AI, which can be slow and expensive. By handling these economic activities, KiteAI’s architecture is designed to act as a specialized financial and logistical backbone, allowing the subnets to focus on their core AI competition while benefiting from faster and cheaper settlement.
$VELVET Staking Officially Launches in Falcon Staking Vaults - Earn Up to 35% APR in $USDf
In a major development for the Velvet ecosystem, $VELVET holders can now stake their tokens directly through Falcon's highly anticipated Staking Vaults on BNB Chain.
The new VELVET Vault allows holders to maintain full exposure to their $VELVET while transforming it into productive, yield-generating collateral. Instead of letting tokens sit idle in wallets, users can now put them to work and earn a competitive real-yield paid in $USDf.
This integration marks another milestone in Falcon's rapidly expanding Staking Vaults lineup, bringing institutional-grade staking infrastructure to DeFi-native assets. By leveraging Falcon's battle-tested vault architecture, $VELVET becomes one of the first ecosystem tokens to offer native staking with deep liquidity and attractive returns.
A huge shoutout to the @Velvet_Capital team for the close collaboration that made this launch possible in record time.
Staking is live right now - head over to Falcon's Staking Vaults and secure your spot before the 50M cap fills up.
Lorenzo also unlocks a new era of Bitcoin productivity through stBTC and enzoBTC. stBTC provides liquid restaked Bitcoin, enabling yield and composability without breaking BTC exposure. enzoBTC extends this further, allowing Bitcoin to participate in structured portfolios and diversified strategies. The largest crypto asset finally gets a productive role in on-chain finance.
The BANK and veBANK model aligns the ecosystem long-term. BANK powers the protocol, while veBANK gives governance weight, OTF boosts, fee participation, and strategic influence based on lock duration. This mirrors institutional LP structures — except transparent, democratic, and fully on-chain.
As DeFi enters the 2025 era of structured products, risk-adjusted returns, and portfolio-level thinking, Lorenzo stands at the center of this shift. It brings clarity, discipline, standardized reporting, and rule-based execution to a landscape previously shaped by speculation and short-lived yields. Lorenzo is becoming the asset management layer for on-chain wealth: modular vaults, standardized strategies, productive Bitcoin, aligned governance, and fully transparent portfolio logic.
Understanding Falcon starts with the role of collateral. In traditional finance, collateral underpins credit creation and liquidity. Crypto has struggled here because collateral is fragmented, volatile, and usually limited to a few tokens. Falcon takes a broader approach: it accepts blue-chip cryptocurrencies, stablecoins, and increasingly tokenized real-world assets like Treasuries. Once deposited, these assets back USDf, an overcollateralized synthetic dollar, allowing users to maintain exposure to their original holdings while unlocking stable on-chain liquidity.
Falcon’s approach to managing collateral is also notable. Assets aren’t just locked away; the protocol puts them to work in diversified strategies designed to generate consistent yield with minimal risk. These strategies include funding-rate arbitrage, cross-exchange price arbitrage, low-risk liquidity provision, and native staking opportunities. The generated yield doesn’t inflate USDf itself but powers a secondary token: sUSDf. Users who stake USDf receive sUSDf, which grows in value as the protocol earns yield. This separation creates a clean distinction: USDf holders enjoy stable liquidity, while sUSDf holders earn yield backed by real revenue rather than inflationary tokens.
How Falcon Finance Is Quietly Building the "Universal Collateral Layer" That Could Unstick $10T
In a crypto market where billions of dollars sit idle as "HODL collateral," one protocol is rewriting the rules of on-chain liquidity -- and it's doing it without forcing anyone to sell.
Meet Falcon Finance (@FalconFinance): the overcollateralized synthetic dollar (USDf) that accepts almost anything of value -- BTC, ETH, stablecoins, and now tokenized U.S. Treasuries -- and turns it into instantly usable, yield-bearing digital cash that flows natively across chains.
Think of it as the missing middleware between the "everything is tokenized" future and the "I need dollars right now" present.
The Core Insight Nobody Else Solved (Until Now)
Most on-chain value is effectively frozen:
Crypto holders refuse to sell their bags Institutions own tokenized Treasuries and credit that can't easily be mobilized Retail needs stable, yield-generating dollars but hates liquidation risk
Falcon's answer is elegant: deposit literally any blue-chip or RWA collateral, get USDf (a rock-solid synthetic dollar) in return, and keep full upside exposure to your original asset. No sale. No tax event. Just liquidity.
Collateral That Actually Works for a Living
Unlike protocols that lock assets in a vault and pray, Falcon puts your collateral to work across low-risk, delta-neutral strategies:
The yield from these strategies doesn't inflate USDf (keeping it clean and stable). Instead, it accrues to a separate rebasing token -- sUSDf -- that stakers receive. Result? USDf stays pegged and boring (in the best way), while patient capital compounds at real revenue-backed rates.
Truly Cross-Chain, No Wrappers, No Drama
Powered by Chainlink CCIP and the Cross-Chain Token standard, USDf teleports natively between Ethereum, Arbitrum, Base, Polygon, and beyond. One pool, one token, infinite chains. For institutions managing treasuries across networks, this is a game-changer.
Traction That Can't Be Ignored
USDf supply: $0 - $1B+ in under 18 months Listed on Bitfinex Integrated into HOT Wallet, BitGo custody, and major DeFi venues First protocol live minting USDf against tokenized Treasuries Dedicated insurance fund already in place
This isn't retail hype -- it's quiet institutional adoption.
Yes, Risks Exist (and They're Being Taken Seriously)
Volatility in crypto collateral, liquidation cascades in extreme markets, cross-chain bridge incidents, smart-contract exploits, and the ever-present regulatory fog around synthetic dollars and tokenized securities -- none of these are trivial.
Falcon's counter: conservative collateral ratios, real-time risk monitoring, diversified yield sources, on-chain insurance, and a team that actually ships risk upgrades instead of memes.
When BlackRock, Fidelity, and the rest of Wall Street finish tokenizing Treasuries, real estate, credit, and equities (trillions of dollars on-chain), someone has to turn those assets into productive liquidity without forcing sales.
Falcon Finance is building exactly that layer.
A world where any tokenized asset -- from Bitcoin to a Manhattan apartment building -- can instantly unlock stable, portable, yield-bearing dollars, without giving up ownership or upside.
If they execute, USDf won't just be another stablecoin.
Why Kite Could Be the Killer Chain for AI Agents: The First Blockchain That Thinks
The crypto space is drowning in "AI + blockchain" hype, but most projects are just slapping LLMs on DeFi dashboards and calling it a day. Kite is different. It's not another yield farm with a chatbot--it's the first Layer 1 built from the ground up for autonomous AI agents to move money as naturally as they move data.
Think of it as the settlement layer the agentic future has been waiting for: sub-second finality, programmable identities, and a stablecoin-native economy where machines pay machines without a human clicking "approve" every five seconds.
Speed That Actually Matters to Agents
Kite is an optimized EVM Layer 1 with delegated staking and optimistic execution. Translation: transactions finalize in under a second, consistently. That's not a marketing flex--it's table stakes when your users are software agents that live or die by latency.
An agent reallocating liquidity across DEXs, splitting inference fees in a compute marketplace, or hedging a prediction market position can't afford 15-second block times. On Kite, speed isn't a feature; it's the entire value proposition.
The Identity System Crypto Has Needed for a Decade
The breakthrough everyone is sleeping on is Kite's three-layer identity architecture:
Master keys - You stay in ultimate control. Agent identities - Constrained, revocable wallets that belong to your AI agents. Ephemeral session keys - One-task, one-time credentials that self-destruct the moment the job is done.
This is the holy grail: true automation without handing over the keys to the kingdom. Spending limits, whitelisted contracts, time-bound permissions--everything is programmable on-chain. Governance finally becomes code instead of Discord debates.
Stablecoins on Steroids
Kite isn't chasing memecoin volume. Its lifeblood is high-frequency micro-payments in stablecoins. Pay-per-second for GPU time. Reward-per-prediction for models. Instant settlement for pooled tasks. Dynamic fees keep it cheap when traffic spikes, and users even earn rebates during peak load--turning network stress into a user perk.
Validators stake $KITE , the network runs on stablecoin velocity, and every automated payment flows value back to the token. It's a flywheel most projects only dream about.
$KITE : From Launch Incentive to Agentic Utility
Early days: classic liquidity mining and developer grants. Mature phase: staking for security + yield, programmable governance, and real fee share driven by agent activity.
The more AI agents live and transact on Kite, the more demand accrues to $KITE . Simple, brutal, and perfectly aligned.
The Bottom Line
Most "agent chains" are still asking humans to sign every transaction. Kite flips the default: automation first, human oversight only when you want it.
For developers building the next wave of autonomous apps--trading bots that actually trade, research agents that pay for data on their own, coordination tools that settle shared expenses instantly--Kite isn't just another chain.
It's the first one that finally gets out of the way.
What makes Kite compelling is that it doesn’t just enable transactions—it choreographs them. Built on an optimized EVM Layer 1, the network uses fast delegated staking and optimistic execution, letting autonomous agents respond to market conditions in real time. Sub-second finality is the standard here, because agents don’t wait. Whether they’re splitting compute fees, reallocating liquidity, or reacting to fresh data, speed determines profitability. Kite was engineered exactly for that.
But the real breakthrough is the three-layer identity system. Users keep primary control with master keys. Agents operate with their own constrained identities. And short-lived session keys add a temporary access layer that disappears the moment a task is done. This architecture gives automation freedom without sacrificing safety—something crypto has never balanced well. Governance becomes programmable, which means spending limits, approvals, policies, and permissions can all be encoded directly into the identity logic.
Stablecoins form the heartbeat of the whole network. Kite is built around micro-payments done at high frequency, enabling AI agents to pay for services per second, reward models per prediction, or settle pooled tasks instantly. Fees adjust dynamically to keep activity cheap, and validators earn from staking while users receive rebates during high-load periods. Over time, this creates a feedback loop where network usage directly amplifies the value of $KITE .