Lorenzo Protocol TGE Today: Check Participation and Eligibility Detail

The Lorenzo Protocol is causing a buzz in the crypto community with its private Token Generation Event (TGE) taking place today, April 18, 2025, between 9:00 AM and 11:00 AM (UTC). The special event is conducted on Binance Wallet (Keyless) in partnership with PancakeSwap. The project shared the details over X (formerly Twitter).

Source: X

Lorenzo is famous for developing a robust platform for yield-capturing digital assets, and this launch is a major milestone for the community as a whole.

Lorenzo Protocol TGE Details

The Lorenzo Protocol is designed for next-gen asset management in the blockchain world. It offers yield-backed tokens such as stBTC, powered by Babylon’s staking, and enzoBTC, which comes with native yield and liquidity farming benefits. The team has been running for 2.5 years, across 20+ chains and 30+ protocols, with over $600 million in BTC going through their network.

The attention now shifts to BANK, their newly minted coin.

Token Name: BANK

Chain : BNB Smart Chain

TGE Date: April 18, 2025

Time: 09:00 AM – 11:00 AM UTC

Available Tokens : 42,000,000 BANK (2% of the total supply)

Accepted Currency: BNB

Token Listing Platforms : Binance Wallet DEX and PancakeSwap (soon after the event)

No Vesting: All coins are fully claimable

This launch follows a just and transparent participation model, in which early adopters and new users alike can be part of the Lorenzo experience.

How to Participate and Check Eligibility for the BANK Token Claim

To join this TGE, users must purchase Binance Alpha tokens between March 19, 2025 (00:00 UTC) and April 17, 2025 (23:59 UTC). These tokens must be bought either via Binance Wallet (Keyless) or Exchange (Spot or Funding accounts).

This is the new rule for the 10th exclusive TGE via Wallet and PancakeSwap. If you haven’t made a valid Alpha token purchase within this period, you won’t be eligible to claim BANK tokens.

How to check if you're eligible:

• Visit the TGE event page on Binance Wallet.

• Verify if your Binance Alpha token purchase is listed.

• Make sure your tokens were bought after Alpha was officially listed on respective exchange.

The token allocation will be pro-rata, meaning your share will be based on how much BNB you deposit compared to the total BNB deposited by all users during the subscription window.

Additionally, 84 million BANK coins are reserved for upcoming marketing campaigns, so watch out for additional ways to participate and get rewarded.

What's Next for Lorenzo Protocol?

The TGE represents a new era for the Lorenzo ecosystem, which has already demonstrated its resilience on multiple chains and protocols. With instant DEX trading following the event and robust early adoption from users, this may be a significant leap forward for the project.