WhatToFarm
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  • 24h txns274
  • 24h volume$ 1.8M
Website IconRenzo
TokenPrice $AgeTVLMkt CapTXSVOL5M1H4H24H
1
$4,214.22-$11M$319M2884К-0.29%-2.21%-4.53%38.82%
2
$0.784-$406К$209.87К0<10%0%0%0.00%
3
$0.6342-$357К$307.37К115.6К-0.02%0.00%1.07%1.20%
4
$0.6788-$336К$235.86К35.9К0%4.37%3.59%1.64%
5
$0.6867-$93К$137.58К1760%0%0%-0.02%
6
$0.065331-$ 7.7К $5.33К0<10%0%0%-26.62%
7
$5,431.45-$395$6.6M0<10%0%0%0%
8
$4,054.2-$290$7.9M0<10%0%0%0%

What is Renzo?

Renzo Protocol is a liquid restaking protocol and strategy manager built on top of EigenLayer. Its main purpose is to simplify the process of securing Actively Validated Services (AVSs) on EigenLayer and offer higher yields than traditional ETH staking. Renzo is a Liquid Restaking Token (LRT) that represents a user's restaked position on the protocol. Users can stake native ETH or liquid staking tokens (LSTs) like wBETH and stETH to receive ezETH, the reward-bearing token of Renzo. The protocol abstracts the complexity of choosing the best restaking strategy and makes the choice for users, ensuring an optimal risk/reward ratio. Renzo has integrated with Pendle Finance to create EIP5115 SY Tokens, which represent ezETH at a 1:1 ratio but can also be tokenized into principal and yield tokens. ezPoints are designed to reward users who actively participate in the protocol. Holding ezETH, for instance, earns 1 ezPoint per hour per 1 ezETH. ezPoints determine the number of REZ tokens a user will receive following the token generation event.

Renzo real time data

As of June 18, 2024, there are 11 trading pairs on Renzo DEX. The TVL (total value locked) is $12,017,258.12, with a trading volume of $1,761,658.30 in 274 transactions with in the past 24 hours.

Frequently Asked Questions

Renzo Protocol brings simplicity and efficiency to DeFi interactions, abstracting away the complexity of restaking strategy selection and providing an optimal risk-to-reward ratio.

Renzo Protocol plans to expand its services, introduce new features such as margin trading and steaking, and improve the user experience to remain competitive in the DeFi industry.

Renzo Protocol was founded in 2022 by a team of developers from EigenLayer who sought to create a new DeFi primitive that simplifies the process of steaking and providing Actively Validated Services (AVSs) on EigenLayer.

Hack Awards

ETH Waterloo 2017
ETH Waterloo
2017
ETH Denver 2018
ETH Denver
2018
Proof of Skill Hack 2018
Proof of Skill Hack
2018
ETH Berlin 2018
ETH Berlin
2018
ETH San Francisco 2018
ETH San Francisco
2018
ETH Singapore 2019
ETH Singapore
2019
ETH Denver 2020
ETH Denver
2020
ETH Lisbon 2022
ETH Lisbon
2022

Backers

Etherscan
Smart Contracts Factory
TradingView
Data Provider
T1A
Data Provider
TON
Contributor
VELAS
Ethereum Foundation
Core Devs Meeting
2017-19
XLA
MARS DAO
Xsolla
CRYPTORG
Plasma finance
12 Swap
Partner
Chrono.tech