TL;DR
- Lorenzo’s USD1+ On-Chain Traded Fund is now live on the BNB Chain testnet, merging tokenized real-world assets, CeFi quantitative strategies, and DeFi yields into a single USD1-stablecoin product.
- Testers stake a minimum of 50 USD1 testnet tokens to mint sUSD1+, earning yields compounded directly in USD1, with withdrawals unlocked after a seven-day holding period on a biweekly schedule.
- The fund features live NAV updates, AML/compliance checks, and enterprise-grade security, linking on-chain vaults to off-chain trading desks, ahead of its full mainnet rollout.
Lorenzo Protocol has rolled out its USD1+ On-Chain Traded Fund on the BNB Chain testnet, marking a milestone in real-yield DeFi. By blending real-world asset returns, CeFi quantitative strategies, and DeFi yields, the USD1+ OTF delivers institutional-grade yield fully settled in USD1 stablecoins. Testnet participants can now experience seamless, on-chain yield generation before the mainnet debut.
1/ USD1+ backed by WLFI USD1, is now live on BNB Chain testnet.
USD1+ OTF is a major step forward: our first on-chain traded fund powered by World Liberty Financial USD1, connecting on-chain capital with institutional-grade yield strategies.
It’s now piloting on @BNBChain, as… pic.twitter.com/LG9f6VdOhm
— Lorenzo Protocol (@LorenzoProtocol) July 3, 2025
Introducing USD1+ OTF: A New Breed of Yield Fund
The USD1+ OTF is built on Lorenzo’s Financial Abstraction Layer and combines various yield sources, tokenized real-world assets, algorithmic trading, and DeFi protocols into one tradable product. Instead of chasing multiple platforms, users stake stablecoins to mint USD1+ tokens, which accrue value over time. Returns compound directly in USD1, offering a stable, predictable yield stream that bridges traditional finance reliability with Web3 innovation.
How to Join the Testnet and Start Earning
Getting started is straightforward. First, go to the Lorenzo testnet portal and get free USD1 testnet tokens. Connect your preferred EVM-compatible wallet, MetaMask, Trust Wallet, or OKX Wallet, all supported.
Deposit a minimum of 50 USD1, accept AML and risk terms, then mint sUSD1+ tokens at the current Net Asset Value. From there, sit back as your sUSD1+ balance grows. To withdraw, submit a request any time after a seven-day holding period; withdrawals settle on a biweekly cycle around day 14, with funds returned in USD1.
Under the Hood: Institutional-Grade Mechanics
Lorenzo’s USD1+ OTF maintains transparency and rigor. The Unit NAV, calculated by dividing total fund assets minus liabilities by circulating shares, updates in real-time, reflecting market performance. A unified dashboard tracks deposits, NAV changes, and pending withdrawals.
Built-in compliance tools ensure AML and risk disclosures are acknowledged, while backend bridges connect on-chain vaults to off-chain trading desks and asset custodians, delivering enterprise-grade security.
What’s Next: Mainnet Launch and Beyond
As the testnet phase unfolds, Lorenzo plans to refine yield strategies, enhance UX, and secure regulatory feedback. Soon after, the USD1+ OTF will transition to mainnet, empowering wallets, neobanks, and payment platforms to embed real-yield products seamlessly. With its sights set on tokenizing CeFi and RWA returns at scale, Lorenzo Protocol is paving the path toward an always-on, programmable finance ecosystem.
