XP Coin
Earn XP Now
Renzo Protocol airdrop Image

Renzo Protocol

Category: Restaking, LRT (Liquid Restaking Token)

Light Mode Disabled

Overview

Total XP Rewards

80

Estimated Rewards

$25M

Funding

$20M

Current Stage

Season 2

Total value locked

$1.3B

Unique Users

52193

Chains

chain imagechain image

Phase

Mainnet

Structure

Points based

Gas

Yes

Grade

B

Tasks

0/4

TGE

April-2024

Type

Restaking

Confirmed

Yes

Date

11 months ago

Introduction

  • Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for Eigenlayer. 
  • It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
  • The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.

Tasks

task-link

Fundamentals

  • Renzo strongly advocates for EigenLayer and its goal of facilitating permissionless innovation on Ethereum, and programmatically acquiring trust for the ecosystem.
  • Renzo is built to promote the widespread adoption of Eigenlayer.
  • ezETH is the liquid restaking token representing a user’s restaked position at Renzo.

 

Potential Rewards

  • Binance is providing direct backing to Renzo Protocol with a substantial amount of funding.
  • Staking / Restaking yield
  • Renzo ezPoints
  • EigenLayer Points

Investors

  • Binance labs
  • Okx ventures
  • Maven 11
  • Bitscale capital 

Audit

  • Halborn

Hybrid Strategy

task-link
Stake ezETH / WETH on Balancer.
task-link
Stake ezETH on Zircuit.
task-link
Stake ezETH on Pendle.

Non-Financial Advice

  • Research:  Explore project's documentation, audits, and community.
  • Understand risks:  DeFi has vulnerabilities, market volatility, and token fluctuation.
  • Invest wisely:  Only invest what you can afford to lose.
  • Beware of scams:  Don't trust unsolicited outreach or guaranteed returns.

*ANZALI only provides suggestions and not financial advice. Use all of the information above at your own risk.

By clicking "Accept All Cookies", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in improving your experience.

Cookies Settings