01

The power of simplicity

Today I want to discuss with you a skill point that is rarely valued in the DeFi world: simplifying operations and improving user experience. To better understand this, let me start with an example from our daily life, that is, the graphical user interface (GUI).

The significance of the GUI revolution

Let me tell you an experience that reveals my age - my family's first computer, if you want to play the game "Legend of Sword and Fairy" installed in it when your parents are not at home, you need to memorize a long string of characters to enter the subdirectory of the root directory... Imagine if we still need to enter a lot of command line codes when using computers today, how many people can use them easily? How many years later will AI, which makes people's lives easier and more interesting (and also poses major challenges to the scientific world), appear? Fortunately, in the 1980s, companies such as Xerox and Apple introduced the graphical user interface (GUI), which simplified the way users interact with computers through icons and mouse operations, allowing ordinary people to use computers without mastering complex commands. It is the introduction of GUI that makes computer operation more intuitive and simpler, and it is no longer just a tool for professionals. The emergence of GUI not only lowered the threshold for computer use, but also brought prosperity to the computer industry and greatly improved productivity. This huge economic benefit achieved by simplifying operations is an important force in promoting the popularization of technology.

Connecting DeFi: The role of $ezEIGEN

In the DeFi space, we are facing similar challenges. Traditional re-staking operations are complex and cumbersome, requiring users to have high technical knowledge. Today we are going to talk about $ezEIGEN, which is like a GUI for the DeFi world. By simplifying and automating the EIGEN re-staking process, users can manage their staked assets more conveniently and efficiently, opening a new chapter for DeFi staking.

02

The Challenge of Traditional EIGEN Re-staking

Operational complexity: Traditional EIGEN re-staking requires manual operation by users and involves multiple steps, including:

Operators (i.e. validators) are selected and managed through the EigenLayer App.

Conduct risk management to ensure the safety of pledged assets.

Manually claim and process staking rewards.

High gas fees: The frequency of manual operations is high, so users need to pay a large amount of transaction fees (gas), which will significantly reduce the return of staking.

Unlocking cycle and tax events: The unlocking cycle of pledge is long, and users need to wait before they can get their assets back. In addition, frequent operations will trigger more tax events, increasing the tax burden.

03

$ezEIGEN: A simplified re-staking solution

Now, let’s take a look at how $ezEIGEN solves these problems through innovation.

$ezEIGEN is the first LRT based on $EIGEN. Its core mission is to completely simplify the re-staking process of EIGEN. Unlike traditional staking methods, $ezEIGEN provides an automated and seamless staking experience, helping users greatly improve staking efficiency and returns.

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Core Advantages

1. Transparent fees and no extra charges

When using $ezEIGEN, users do not need to worry about additional fees. $ezEIGEN's fee setting is very transparent, only including a fixed 10% fee set by EigenLayer, which protects the rights and interests of users. This fee structure allows users to more clearly understand their investment costs and avoid the trouble of hidden fees.

2. Simplify user experience

Just as GUIs improved the usability of computers, $ezEIGEN greatly simplifies the re-staking process. Users do not need to manually select operators or handle rewards, the system automatically manages all the details. This simple and straightforward staking experience is suitable for all types of users, whether they are new to DeFi or experienced.

3. Optimized gas usage

In traditional re-staking, frequent manual operations are usually accompanied by high gas fees. $ezEIGEN minimizes this cost by automatically compounding interest every week, thereby significantly increasing the overall staking yield. Users can obtain higher investment returns without increasing transaction frequency.

4. Flexible liquidity management

$ezEIGEN allows users to convert it to EIGEN or other assets at any time to ensure the flexible operation of funds. Regardless of how the market changes, users can make adjustments as needed to better manage their investment portfolios.

5. Safe and reliable technical support

Based on Renzo's mature technology, $ezEIGEN shares the same underlying architecture as the successful ezETH. This means that $ezEIGEN has market-proven stability and security, providing users with a reliable staking platform.

Now, after users convert their $EIGEN tokens into $ezEIGEN and re-stake them on the Renzo platform, they can not only automatically compound their profits every week, but also receive a reward of 100 ezpoints (for every 1 EIGEN staked).

04

Renzo helps the restaking market

Finally, let’s turn our attention to the driving force behind $ezEIGEN – Renzo.

Renzo Protocol is a protocol dedicated to simplifying the re-staking process. It aims to make re-staking on Ethereum and Solana easier by abstracting and managing AVS strategies and providing support for Liquidity Re-staking Tokens (LRTs). The core concept of Renzo is to remove the complex operational barriers for users in the re-staking process and make it easy for everyone to participate.

Renzo provides convenient interfaces to the EigenLayer, Symbiotic, and Jito Network ecosystems through a series of products, including $ezETH, $pzETH, and $ezSOL. These tokens not only simplify the re-staking process in different networks, but also provide users with greater capital efficiency and income potential.

The mission of Renzo Protocol is to abstract all complex operations so that users no longer need to worry about the following aspects:

Node Operation: No need to configure and maintain hardware to meet AVS standards, Renzo automatically handles the operation and management of nodes.

Strategy Management: In traditional restaking, users need to select and manage AVS strategies themselves to achieve the best risk-return, while Renzo will automatically optimize these strategies for users.

Smart Contract Interaction: There is no need for users to interact directly with the smart contracts on the chain. Renzo automatically completes all operations required for re-staking, making the whole process more convenient.

Taking $ezETH as an example, users only need to deposit native ETH or other liquid staking tokens (LSTs) to obtain $ezETH. As an interface to the EigenLayer ecosystem, $ezETH helps users obtain dual benefits of staking and re-staking by providing security for AVS.

Renzo's innovation not only simplifies the re-staking process, but also hides the complexity of the industry in the underlying technology, providing users with a seamless experience. This user-friendly design concept makes re-staking no longer limited to technical experts, but brings opportunities for participation to the wider community, promoting the development of the DeFi ecosystem.

05

Looking forward to the future: a new chapter in the re-staking market

Renzo is actively exploring ways to expand the successful experience of $ezEIGEN to the re-staking of other assets. In the future, Renzo plans to access more types of assets and further optimize the staking process to promote the sustainable development of the DeFi industry. We have reason to believe that the success of $ezEIGEN will provide a blueprint for other DeFi products and push the entire re-staking market to a higher stage. I wish you all a more convenient and smarter staking experience in your future DeFi investments.