Renzo (REZ) is a restaking protocol on EigenLayer that simplifies restaking for users, introduces the ezETH token for rewards and liquidity. More
Fully Diluted Valuation | $123.41M |
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24H Trading Volume | $7.38M |
24H Low / High | $0.01 / $ 0.01 |
Circulating Supply | 2.63 B |
Total Supply | 10.00 B |
Max Supply | 10.00 B |
Categories | Decentralized Finance (DeFi) 6 more |
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Founder | Lucas Kozinski 2 more |
Website | renzoprotocol.com |
Socials | 3 more |
Chains |
Ethereum Ecosystem
2 more
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Explorer | Basescan 4 more |
Contracts |
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Name | Pair | OG Score |
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Renzo (REZ) is a restaking protocol built on the EigenLayer framework. It aims to make the restaking process easy for users by eliminating the need to manage operators and reward strategies.
Key Features of Renzo
1. User-Friendly Restaking:
Renzo simplifies the restaking process by handling all the complexities for the user. This means stakers don’t have to worry about managing operators or reward strategies, making it easier to participate.
2. ezETH Token:
Renzo introduces ezETH, a highly collateralized token that captures rewards automatically and maintains liquidity. This allows users to earn rewards while still being able to use their assets in DeFi activities.
3. Higher Yield:
Renzo offers a higher yield compared to traditional ETH staking. It leverages the EigenLayer ecosystem to secure Actively Validated Services (AVSs), ensuring users get better returns on their staked assets.
4. Governance with REZ:
REZ is the governance token for the Renzo protocol, backed by ezETH. This gives users a voice in the protocol’s development and encourages collaboration between users and EigenLayer node operators.
Conclusion
Renzo (REZ) makes restaking on EigenLayer easy and rewarding. With its user-friendly approach, the innovative ezETH token, and higher yields, Renzo is a great option for anyone looking to optimize their staking and participate in DeFi.
Renzo simplifies staking on EigenLayer by automating operator management and reward strategies, while introducing ezETH for liquidity and higher yields, setting it apart in the staking ecosystem.
The specific founders of Renzo (REZ) are Lucas Kozinski, James Poole, and Kratik Lodha.
You can buy Renzo (REZ) on Binance, MEXC, Gate.ioBitgetCoinbase cryptocurrency exchanges.
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