On August 31, according to the official Twitter, the Bitcoin liquidity financial layer project Lorenzo announced that the first phase of the mainnet was officially launched and further expanded to BNBChain. This upgrade includes opening BTCB staking and improving the Yield Accruing Tokens (YATs) section. Users will be able to receive YAT on BNBChain. The first phase of the Lorenzo mainnet upgrade aims to expand the ecosystem and optimize the user experience, thereby promoting the development potential of the BTCFi field.