TL;DR
- Exclusive TGE Launch: Binance Wallet is hosting a special Token Generation Event for Lorenzo Protocol’s BANK token on April 18, releasing 42,000,000 tokens with no vesting period—enabling immediate token claims.
- Strategic Collaboration: The event is run in partnership with PancakeSwap on the BNB Smart Chain, with plans for robust listings on both Binance Wallet DEX and PancakeSwap.
- Participation Made Simple: To qualify, users must have bought Binance Alpha tokens between March 19 and April 17, 2025, with allocations distributed on a pro-rata basis.
The crypto community is excited as Binance Wallet announces a special Token Generation Event (TGE) for the groundbreaking Lorenzo Protocol. In collaboration with PancakeSwap on the BNB Smart Chain, this event offers early adopters and new users a unique opportunity to acquire BANK, the protocol’s native governance and utility token.
As a platform that has already processed over $600 million in BTC across more than 20 chains and 30 protocols, Lorenzo Protocol is well-established in the decentralized finance ecosystem with its proven track record in yield-capturing digital assets.
Join the 10th Exclusive Token Generation Event (TGE) on #BinanceWallet with @LorenzoProtocol via @PancakeSwap.
🗓️ Subscription: April 18, 9:00 AM – 11:00 AM (UTC)
📜 New Rule: Must complete a valid purchase of Binance Alpha tokens through Binance Wallet (Keyless) or Binance… pic.twitter.com/Xmrey2lOjS
— Binance Wallet (@BinanceWallet) April 18, 2025
Event Overview
On April 18, 2025, from 09:00 AM to 11:00 AM UTC, the TGE will launch 42,000,000 BANK tokens, which account for 2% of the total supply. What makes this event especially appealing is that there is no vesting period—participants can fully claim their tokens immediately after the event concludes.
This transparent and just participation model aligns perfectly with Binance Wallet’s mission to drive real-time engagement among users while supporting emerging, high-potential projects. The event is set to provide a robust listing on both Binance Wallet DEX and PancakeSwap shortly after the TGE, paving the way for instant trading opportunities.
Participation Guidelines
To join this exclusive Lorenzo Protocol event, users must have purchased Binance Alpha tokens between March 19 and April 17 via Binance Wallet or through Spot and Funding accounts on the Binance Exchange. Users can check their eligibility by visiting the TGE event page on Binance Wallet, where they can verify their qualifying purchases of Alpha tokens.
The token allocation will be distributed pro-rata, based on the amount of BNB each participant deposits compared to the overall pool during the subscription window. Additionally, an extra allocation of 84 million BANK coins is reserved for marketing initiatives, further incentivizing user participation.
Looking Ahead
This TGE marks a significant milestone for both Lorenzo Protocol and Binance Wallet. The launch of BANK positions the protocol for broader growth and further solidifies its role in the dynamic world of decentralized asset management. With immediate listings and robust early adoption, the event is set to catalyze a new chapter of innovation and resilience in the crypto ecosystem.
