Lorenzo Protocol has announced the launch of its first product based on an On-chain Traded Fund (OTF) model, aiming to tokenize strategies like quantitative trading, Real World Assets (RWA), and compliant funds. Users can invest using USDC, USDT, or USD1 to mint sUSD1, enabling them to earn triple returns while reducing the time and operational costs associated with multi-line asset allocation on exchanges and blockchain. The sUSD1 can be used for trading and lending, enhancing capital efficiency. This marks the first stablecoin yield product settled in $USD1, with the testnet currently deployed on the BSC network.