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Lorenzo protocol is a Bitcoin liquidity and restaking infrastructure supporting over 21 various blockchain networks. It offers users a liquid, yield-bearing restaking token - $stBTC, and a wrapped cross-chain tokenized Bitcoin - $enzoBTC.
$BANK is a native token of the platform, which is used for granting voting power to its community via stalking. On April 9th, 2025, the Lorenzo crypto platform hosted a $200K public $BANK IDO round on PancakeSwap via Binance Wallet.
CoinLaunch Score:
Last update:
High
24 Apr 2025
Lorenzo Protocol - Binance Wallet IDO Overview
start date:
18 Apr 2025
end date:
18 Apr 2025
price:
$0.0248
tokens for sale:
42,000,000
Raise:
$200,000
Min. Buy:
$1
Max. Buy:
$1,700
Industry:
Blockchain Service
Lock-up:
Launchpad
100% unlock
Binance Alpha (Binance Wallet)
How to join Lorenzo Protocol - Binance Wallet IDO?
To participate in the Lorenzo Protocol’s IDO via Binance wallet, first, you need to sign up on the Binance exchange and create your first Binance Wallet if you haven’t done so yet.
On the day of the sale, acquire $BNB in your Binance Wallet (max 3 $BNB), visit $BANK IDO on PancakeSwap (via Binance Wallet only), and deposit funds into the required field.
After the subscription period ends, the PancakeSwap launchpad will calculate your allocation proportionally to the overall subscription amount and grant you $BANK tokens. The unused fund will be refunded.
❗️ Note: Keep in mind that due to the big attention towards Binance Wallet sales from the crypto community, $BNB often becomes overpriced by 1-3% at this time, which means after the end of the sale you may experience a loss via the price fluctuations of BNB.
To avoid unnecessary losses, we suggest you either use your long-term $BNB holdings for sales, or hedge $BNB on futures.
Good Luck! 🍀
Step-by-step Guide
Create your Binance Web3 Wallet;
Acquire up to 3 $BNB in your Binance Wallet;
Go to the Pancakeswap launchpad in your Binance Wallet;
Connect your wallet;
Deposit the desired amount of $BNB to the pool;
Claim your $BANK tokens and $BNB when the sale ends on the same page.
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