Odaily Planet Daily News: World Liberty Financial (WLFI) has completed a strategic purchase of the Lorenzo protocol native token BANK, with a total purchase of 636683 tokens, approximately $40000. This purchase occurred after the announcement of the USD1 million incentive plan results.
The plan was jointly initiated by WLFI, BNB Chain, PancakeSwap, BUILDon, and others. Lorenzo was awarded the "Existing BSC Projects" track winning project for his performance in USD1 application expansion.
Lorenzo's USD1+OTF product, which uses USD1 as the unified settlement asset, expands its functionality from a payment tool to an on chain income asset. Lorenzo undertakes on chain liquidity deployment of USD1 by issuing wealth management tokens.
