Lorenzo stBTC logo

Lorenzo stBTC

Overview
Status
Deposits Live
Type
Liquid Staking
BTC Supply
₿0
Lorenzo stBTC is a liquid staking token.
BTC Supply
Total supply per day
Supplycoming soon

TVL Data Coming Soon

We're currently gathering and building data infrastructure for this network. TVL analytics will be available soon.

Token Contracts

Token Contracts Coming Soon

We're working to collect the various BTC-backed token contracts for this network. Contract addresses will be available soon.

Risk Summary
Users do not have unilateral claims on native BTC.
BTC backing this asset is secured by multiple custodians. Users trust this group with maintaining the peg with BTC.
Assessment
Asset Custody
Users trust Lorenzo as the staking agent who secures, and stakes, native BTC backing stBTC. Cobo, Ceffu, and ChainUp have also been mentioned to support the protocol
Users trust Lorenzo, the operators of Lorenzo stBTC, to secure and stake native BTC that backs stBTC. It has also been stated in Lorenzo's marketing materials that custodian providers Cobo, Ceffu, and Chainup are participating in Lorenzo's protocol as custody providers, but their documentation does not claim this.

Users trust Lorenzo's claims in their documentation are being executed in practice.

Source
Further sections to be reviewed
Aspects related to minting & burning, key management, transaction signing, and proof-of-reserves have not been reviewed. We are currently reviewing these sections.