Lorenzo Announces Upgrade to Pre-staking Cap2 YAT Rewards to $3 Million USD Equivalent Token Airdrop and Launches Binance Web3 Wallet Campaign

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October 2, 2024
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Lorenzo Upgrades Cap 2 Rewards for Staking Event

Mars Finance reports that Lorenzo, a Bitcoin liquidity finance project, has officially announced an upgrade to the Cap 2 rewards for its Babylon pre-staking event. This upgrade will increase the Cap 2 YAT (yLRZ2) rewards to the equivalent of $3 million in LRZ tokens.

Currently, the Cap 2 event accepts both native BTC and BTCB staking. Stakers will not only receive the aforementioned additional YAT rewards but will also benefit from potential Babylon staking rewards and Lorenzo points.

Furthermore, Lorenzo is offering a 20% point bonus to users staking with Binance Web3 Wallet. Additionally, a 2 million Lorenzo points bonus pool is available for Binance Web3 MPC Wallet users participating in the joint event.

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