In celebration of Renzo’s 1st birthday ezREZ stakers have received a $200k Stakedrop
Now let’s talk about where these rewards come from! As the Renzo DAO receives ecosystem airdrops, EigenLayer AVS rewards and incentives from different partnerships all of these rewards will be distributed to ezREZ holders.
Even more exciting, because ezREZ rewards auto-compounds in REZ, the Renzo protocol bought 4,454,023 REZ for 53.25 ETH on the open market returning it to ezREZ community members. https://t.co/EqJvZTAelc
ezREZ is only 3 days old and the $1.3m of ezREZ restakers just received $200k in rewards, and we’re only getting started
Auto compounding gets Renzo users the best risk adjusted restaking yields
ezETH TVL increased by 21.6% from 345.8k to 420.6k ETH
ezETH generated 297.88 ETH ezEIGEN generated 16,385.25 EIGEN
Details for the 4 payout dates ezETH / ezEIGEN 1⃣November 5th: 80.14 ETH / 4,880.52 EIGEN 2⃣November 12th: 57.41 ETH / 4,196.84 EIGEN 3⃣November 19th: 71.15 ETH / 3,989.92 EIGEN 4⃣November 26th: 89.28 ETH / 3,317.97 EIGEN