Lorenzo was awarded the winning project of the USD1 1M incentive event jointly organized by WLFI, BNB Chain and other parties

BlockBeats News: On July 11th, the USD1 1M incentive event jointly organized by World Liberty Financial (WLFI), BNB Chain, PancakeSwap, and BUILDon announced the results today. Lorenzo was recognized for his innovative practices in promoting USD1 applications and ecological expansion, and was selected as the winning project of the "Existing BSC Projects" track. As an official partner of WLFI for USD1 investment and wealth management, Lorenzo recently launched USD1+OTF, which uses USD1 as a unified settlement currency and upgrades stablecoins from "payment tools" to "income engines" for the first time. It has also become a liquidity deployment portal for USD1 and continues to expand its application scenarios through the issuance of wealth management product tokens, further opening up new growth spaces such as asset management, trading, and protocol integration, and helping USD1 become a core income asset in the on chain US dollar system. Lorenzo USD1+OTF (On chain Traded Fund) is currently available on the BNB Chain testnet, pioneering on chain stablecoin revenue products that integrate RWA, quantitative trading, and DeFi strategies to create a realistic and sustainable revenue model.