Lorenzo Wins Top Prize in USD1 1M Incentive Program Co-hosted by WLFI, BNB Chain, and Others
BlockBeats News, July 11th: The results of the USD1 1M incentive event jointly hosted by World Liberty Financial (WLFI) in collaboration with BNB Chain, PancakeSwap, and BUILDon were announced today. Lorenzo was recognized for his innovative practices in promoting USD1 applications and ecosystem expansion, and was selected as the winning project in the "Existing BSC Projects" track.
As the official WLFI partner for USD1 investment and finance, Lorenzo recently launched USD1+ OTF, with USD1 as the unified settlement currency. This initiative marks the first time a stablecoin has been upgraded from a "payment tool" to an "income engine." Lorenzo's project has become a USD1 liquidity deployment gateway, issuing financial product tokens, continuously expanding USD1 application scenarios, further opening up new growth areas such as asset management, trading, protocol integration, and helping USD1 become the core income asset in the on-chain dollar system.
Lorenzo's USD1+ OTF (On-chain Traded Fund) is currently live on the BNB Chain testnet, pioneering on-chain institutional-grade stablecoin income products. It integrates three types of strategies: RWA, quantitative trading, and DeFi, to create a real and sustainable income model.
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WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.