What is Renzo (REZ)? The 53rd project on Binance Launchpool is leading the trading capitalization
On February 22, 2024, Renzo Protocol received investment from Binance Labs. On April 23, 2024, Binance Launchpool continued to announce Renzo as the 53rd project on the platform, marking an important turning point for this protocol.
What is Renzo?
Renzo is a cross-chain Liquid Retaking protocol built on EigenLayer. Renzo allows users to stake ETH and liquid staking tokens (LST) on the Ethereum, Arbitrum, BNB Chain chains... to receive ezETH.
With ezETH, users can receive ezPoint rewards for the opportunity to receive airdrops in the future or continue to use them to restake on EigenLayer to optimize capital efficiency.
What are Renzo's highlights?
Cross-chain staking on Layer 2s: Renzo has partnered with Connext Network to allow users to staking wETH tokens on L2s like Arbitrum. In the future, the project will continue to expand to new L2s, to provide users with a seamless and simple experience.
Integrating a variety of protocols: Such as Pendle, Balancer, Gearbox, Curve... helps users use ezETH to participate in protocols in DeFi such as providing liquidity, swap...
Friendly interface: Renzo's interface design is quite intuitive and easy to see, allowing users to easily experience it with a few simple operations.
