- Lorenzo Protocol launches USD1+ OTF on BNB Chain testnet, blending CeFi, DeFi, and tokenized RWAs into a real-yield on-chain fund.
- Users mint sUSD1+ stablecoins to access automated, NAV-backed returns without active yield farming, with full transparency and compliance.
- Mainnet launch on the horizon, aiming to bring programmable, institution-ready finance to wallets, neobanks, and fintech platforms globally.
BNB Chain has been the playground of Lorenzo Protocol’s latest innovation, the USD1+ On-Chain Traded Fund (OTF), the first of its kind in the world real-yield DeFi product with classical financial instruments and decentralized efficiency combined.
With live availability now on the BNB Chain testnet, the USD1+ OTF allows seamless institutional-grade returns via the alignment of tokenized real-world assets (RWAs), CeFi algorithmic strategies, and DeFi yield generation, all denominated in the USD1 stablecoin.
The USD1+ OTF is powered by Lorenzo’s own Financial Abstraction Layer technology, aggregating multiple sources of yield into one easy-to-tap product. Rather than having users hop back and forth between disjointed DeFi platforms or CeFi strategies, Lorenzo consolidates the process: users add their stablecoins to create sUSD1+ tokens that compound in value automatically depending on the performance of the fund.
It eliminates the necessity of active yield farming and gives an unambiguous and regular return supported wholly by the NAV (Net Asset Value) of the underlying assets.
Accessing the Lorenzo testnet is straightforward. Users can visit the official portal to obtain a free testnet USD1 and get linked with any EVM-compatible wallet such as MetaMask, Trust Wallet, or OKX Wallet. Afterward, users can mint sUSD1+ at the current NAV with a 50 USD1 minimum deposit and acceptance of the AML and risk statements.
Withdrawals are allowed at any time after the seven-day hold period is over, with twice-weekly settlement schedules to allow for fund stability and liquidity. Redemptions are done in the USD1 stablecoin only.
Also Read: BNB Chain Surpasses $10B in Stablecoins, Extends No-Gas Transfer Campaign
Lorenzo’s USD1+ Delivers Real-Time DeFi Yield on BNB Chain
What makes USD1+ tick is its real-time transparency and its enterprise-grade security. The system calculates and reveals the Unit NAV from the aggregate fund assets deduction of liabilities by circulating supply, so the holders always know the value of their holdings.
There is a consolidated dashboard tracking every significant metric from the deposits to the fluctuation of the NAV and the pending withdrawals. Lorenzo also includes integrated compliance features like KYC/AML procedures so as to allow institutional-grade onboarding.
Lorenzo’s back-office infrastructure integrates on-chain smart contracts with off-chain custodians and desks of trade and maintains the safety and performance expected from traditional financial institutions, but embraces the openness and programmability of DeFi.
Lorenzo USD1+ Gears Up for Global Mainnet Launch
With the testnet phase still in play, the Lorenzo Protocol is gathering feedback, refining its plans, and positioning itself for an impending mainnet launch that will place USD1+ in the grasp of wallets, neobanks, and fintech platforms globally.
Through the launch, Lorenzo aims to have real-yield products as the hallmark of next-generation programmable finance, such that anywhere and anyone can benefit from RWA and CeFi returns through decentralized infrastructure.
BNB Chain’s involvement in the launch consolidates its growing reputation as the destination for scalable, compliant, and institutional-grade DeFi innovation. Lorenzo’s USD1+ OTF introduces a new chapter in bridging conventional finance and Web3 and brings high-quality yield as simple as staking a stablecoin.
Also Read | Binance Coin (BNB) Fails to Break $660 Despite $157 Billion BNB Chain Volume Surge
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