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Lorenzo has reached a cooperation agreement with dappOS to provide yield on intention assets.

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#DeFi
TechFlow
368Words
Sep 6, 2024

Deep Tide TechFlow news, Lorenzo has reached a cooperation with dappOS, users holding $BTC assets will automatically receive various profits from Lorenzo while maintaining flexibility in usage. Additionally, as Lorenzo is a project built on the Babylon ecosystem, this collaboration will bring more users to the Babylon ecosystem.

dappOS intends to allow assets to be decentralized and non-custodial, enabling users to seamlessly use them on-chain while earning profits. For example, intentETH can be directly used in DEX to provide liquidity for ETH/USDT or deposited as ETH on CEX exchanges, generating real-time annual interest rates of 6-12%.

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