Key Takeaways
Renzo is a liquid restaking platform that allows users to earn rewards from their staked crypto without having to lock their liquidity.
Renzo offers automated staking strategies that can simplify the technical aspects of staking and optimize returns. Its services are available on multiple blockchain networks, including Ethereum and Solana.
The REZ token is the governance and utility token of the Renzo Protocol. It allows holders to participate in decision-making processes that influence the development of the platform.
Introduction
Renzo is a blockchain project that is focused on making staking easier and more accessible. If you are unfamiliar with it, staking is a way to earn rewards by helping secure a blockchain network. Renzo simplifies the staking process by handling all the technical details while allowing users to retain access to their funds.
Many users want to earn rewards from staking, but they don’t want to deal with the challenges of running their own validator nodes or managing restaking strategies. Renzo helps users automate these processes, offering a more user-friendly experience.
As of March 2025, Renzo has more than $700 million in total restake value.
What Is Renzo?
Renzo is a liquid restaking platform that lets users stake their cryptocurrency while still being able to use it. Normally, when you stake your assets, they get locked up, but with Renzo, you receive special restaking tokens that you can trade or use elsewhere while still earning your staking rewards.
Renzo works with multiple blockchain systems, including Ethereum's EigenLayer, Symbiotic, and Solana's Jito Network. This makes staking easier for people who don’t want to deal with the complicated process of running their own validator nodes. Renzo can help users maximize their staking earnings with minimal effort through automated strategies and risk management tools.
How Does Renzo Work?
Renzo issues special tokens called Liquid Restaking Tokens (LRTs) when users stake their assets. These tokens represent their staked funds and can be used in different ways without stopping the user from earning rewards.
The process usually consists of the following steps:
Deposit funds: Users stake their ETH, Liquid Staking Tokens (LSTs), or other assets through Renzo.
Receive LRTs: Users get tokens like ezETH, pzETH, or ezSOL in return.
Restaking: Renzo restakes these assets, helping secure the network while generating rewards for users.
Use LRTs: Users can trade, hold, or use their LRTs in decentralized apps while still earning staking rewards.
Withdraw when needed: If a user wants to unstake, they can exchange their LRTs back for their original assets, subject to network withdrawal rules.
Key Features of Renzo
1. Liquid Restaking Tokens (LRTs)
Renzo offers different LRTs based on the network being used:
ezETH: For Ethereum's EigenLayer.
pzETH: For the Symbiotic ecosystem.
ezSOL: For Solana’s Jito Network.
Since LRTs can be traded, they provide more liquidity compared to traditional staking, where assets are locked up for a specific period.
2. Auto-compounding rewards
Renzo reinvests the rewards users earn so they can grow over time without extra effort. This saves users from having to manually restake their rewards. In other words, automatic compounding helps users maximize their earnings without having to frequently check their accounts.
3. Automated restaking strategies
The platform handles the technical aspects of staking for users. It automatically adjusts strategies to maximize earnings while keeping risks as low as possible. This may include selecting the best staking opportunities, adjusting allocations, and maintaining security standards. Instead of requiring users to make complex decisions about where to stake their assets, Renzo manages it for them, making the process more efficient.
4. Multi-chain support
One of the key advantages of Renzo is that it supports multiple blockchain networks. Users can restake their assets across different chains without having to manage separate strategies for each network. This multi-chain approach makes it more convenient for users who want to participate in staking opportunities across various ecosystems.
REZ token
The REZ token is the governance and utility token of the Renzo Protocol. It allows holders to participate in decision-making processes that shape the platform's development. REZ holders can vote on important matters such as risk management policies, staking limits, and which operators or services get approved for integration.
Token allocation:
Fundraising (31.56%): Allocated to early investors supporting Renzo's development. These tokens are locked for two years, with a one-year cliff, followed by a 10% unlock and monthly vesting over the next year.
Community (32%): Dedicated to fostering the Renzo ecosystem's growth. This includes 7% for Season 1 user distributions and 5% for upcoming incentive campaigns and cross-chain initiatives.
Core contributors (20%): Reserved for the Renzo Labs team and advisors. These tokens have a one-year cliff, followed by two years of monthly vesting.
Foundation (12.44%): Intended to fund initiatives that expand $ezETH's reach, including further development, risk assessments, and audits.
Binance (2.5%): Allocated for Binance Launchpool to users who staked BNB and FDUSD on Binance.
Liquidity (1.5%): Set aside for liquidity campaigns, exchange partnerships, and market makers.
Rewards and Incentives (ezPoints)
Renzo encourages participation by offering ezPoints to users who hold or use LRTs. Users can also earn extra points through referrals. These points might later be used for rewards, discounts, or governance rights in the platform.
EzPoints are designed to reward long-term participation and engagement. Users who actively use Renzo’s services can accumulate points that may provide future benefits. The referral system also encourages users to invite others, growing the platform’s community.
Closing Thoughts
Renzo is a platform that makes staking simpler and more flexible. By offering LRTs, automated rewards, and multi-chain support, it allows users to earn staking rewards without locking up their assets. The combination of automation, security, and efficiency makes it an attractive option for those who want to participate in staking without dealing with technical complexities. Whether you're new to staking or an experienced blockchain user, Renzo provides a way to participate in staking while keeping flexibility and control over your assets.
Further Reading
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