Renzo protocol is a liquid staking platform and strategy manager built on EigenLayer. It allows users to stake their ETH in exchange for APR from native staking and restaking on EigenLayer, as well as the liquid staking of token from Renzo (ezETH), which can be utilized in various DeFi applications. The platform's governance layer is powered by the native $REZ token, the primary role of which is granting users access to DAO votings within the platform.
Since its inception in mid-2023, the company has garnered the attention of leading funds and investors such as Binance Labs, OKX Ventures, and others, securing over $3.2 million from them.
Renzo restaking protocol aims to provide users with an interface for the EigenLayer ecosystem not only on Ethereum but also on Arbitrum, Linea, Mode, Base, BNB and OKX L2 chain networks.
As a liquid staking protocol, Renzo offers users a ezETH - Renzo liquid staking token in exchange for staking ETH on its platform. This token is equivalent in value to the amount of ETH contributed to Renzo. The APR for staking ETH can be tracked via the growth of ezETH. Initially, this ratio is 1:1, but over time, it increases in value according to the APR promised by the platform.
However, unlike the other protocols, the rise of value of the ezETH token backed up not only by rewards from the native staking on Ethereum but also by rewards from the restaking on EigenLayer, potentially leading to the higher returns for users. The token can be also used to earn additional APR by providing it into the DeFi LP and lending protocols, similarly to the other ETH staking protocols.
This innovative approach garnered the remarkable attention not only from top tier funds such as Binance Labs and OKX Ventures, but also the crypto community. Since its inception in 2023, the protocol has managed to grow its TVL (total value locked) to over $3.3B.
Renzo Token
🔥Highly demanded product, fully aligned with current market trends and narratives of "ETH restaking"
🔥Huge TVL ($3B+) prior to the token launch
🔥Low annual token inflation rate in the first year of the token release (4.5%).
🔥Listing and IEO of the token on Binance
🔥Backing from top-tier funds including Binance Labs, Maven 11 Capital, and others
🔥Security and bug bounty audit hosted by Halborn and ImmuneFi
🔥Strong performance in PR, Social Media, Growth, and Influencer marketing
🔥Experienced leadership team

What is the ezETH Token?
The ezETH token is the native token of the Renzo Protocol that represents a user’s re-stake activities. Users that deposit ETH or other approved tokens receive ezETH tokens, which hold similar value and can be used for transactions.
The ezETH token is a reward-bearing token, so its price increases relative to the underlying asset and its earned reward. These earned rewards can be in ETH, USDC, and AVS reward tokens. Users can also withdraw their staked tokens and rewards.
Withdrawing assets involves unstaking the deposited assets, and it is subject to the re-staking strategy and EigenLayer’s unstaking protocol. The withdrawal process can take at least seven days, depending on the above factors.
Directly withdrawing ezETH tokens is not enabled. Instead, users can sell their ezETH to balancers who would convert the ezETH token to ETH. That is why the token has zero circulating supply and a total supply of 282,469 ezETH.
The ezETH token provides some potential benefits to its holders. The token leverages the EigenLayer to offer higher yields than traditional staking protocols.
It also allows for flexible asset management. With the ezETH token, users can reap the benefits of staking on Ethereum while participating in DeFi transactions.
The Renzo Protocol’s strategy manager automatically selects validators based on specific criteria to minimize slashing risks associated with validator misconduct.
Finally, the protocol allows for cross-chain staking features, allowing holders to re-stake on popular layer two projects using wETH. This expands the investment opportunities open to Renzo users.
A major advantage of the Renzo Protocol is the enhanced yield combined with the ezETH token, allowing re-staking assets on multiple projects.Another advantage is the cross-chain capacity, which simplifies the staking experience. And a user-friendly Interface with reduced cost.The project also has the possibility of future multi-token support for WBETH and Lasts from other projects. Using the EigenLayer, Renzo Protocol can provide a secure, trustless staking experience.
👉 Renzo currently is super hyped especially after Binance Launchpool Announcement. I am sure we will be way above OTC Prices long-term here. Personally farming and will buy on Listing as well!
🔥 You can farm using your BNB or FDUSD:
Go to https://launchpad.binance.com/en and choose either to stake your $BNB or $FDUSD
Staking your BNB is bringing you another huge benefits. You are participating in the Binance Megadrop as well!

Megadrop,” the new program is a token launch platform where users “can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange,” according to a Binance blog post.
IMPORTANT RECENT UPDATES FROM RENZO
🔥With the successful upgrade to EigenLayer M2 contracts, the Renzo team has prioritized working with multiple audit firms to prepare the protocol for Mainnet withdrawals:
🔥HalbornSecurity a trusted partner from Day 1 is doing a full re-audit of the protocol to be complete mid May
🔥Sigma Prime a new audit partner is scheduled to be complete by the end of May
🔥Code4rena audit contest is scheduled to begin the first week of May.
AIRDROP UPDATES
Snapshot & Claim Timeline:
👉Snapshot date remains on April 26th, 2024
👉Claim date is changing to April 30th, 2024 (1 hour before Binance listing)
Tokenomics Update:
👉Community: Total increasing from 30% to 32%
👉Total Airdrop allocation increasing from 10% to 12%
👉Season 1 increased from 5% to 7% total supply (2% increase is coming from Liquidity (MMs) & Foundation)
👉Season 2 allocation remains at 5% total supply
Binance Launch pool:
👉Remains at 2.5% total supply
Airdrop Eligibility:
👉Minimum qualification is 360 ezPoints per wallet
👉Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
👉A higher threshold is being applied for the largest wallets. Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months.
This Recent Updates about the Airdrop are really important and show how passionate Renzo team is and how they care for the Community and put them on 1st Place!
👉Still few days left to farm Renzo Folks. It's always good to start as early as you can! See some previous Binance Launchpool Projects performance. All are doing very good and will do even better with the upcoming Bull Cycle!
Happy Farming 🚜
#BinanceLaunchpool #RENZOLAUNCHPOOL

Hey Folks, time to get to know #RENZO
After the Dencun upgrade, Liquid staking surged in popularity with higher TVL. Renzo Protocol ranked in the top three in LSDfi market projects by TVL and received an investment from Binance Labs on February 22, 2024, marking the second liquid restaking protocol funded by Binance Labs after Puffer Finance.
What Is Renzo?
Renzo, a cross-chain Liquid Restaking protocol on the EigenLayer, allows users to stake ETH and other liquid staking tokens (LSTs) on platforms like Ethereum, Arbitrum, and BNB Chain. Staking rewards users with ezETH, which can earn ezPoint rewards for future airdrops and restaking.
By optimizing capital utilization, users can maximize their return on investment. Currently, Renzo ranks as the third-largest project in the Liquid Staking segment in terms of Total Value Locked (TVL), reflecting its increasing popularity and user trust.
Renzo is a Liquid Derivatives platform built on the innovative EigenLayer blockchain. As a project, it serves as a crucial interface for the entire EigenLayer ecosystem, ensuring Actively Validated Services (AVS) and, in doing so, offering significantly higher returns compared to the returns that come from simple ETH staking.

Renzo mints equivalent ezETH for each LST or ETH deposit to maintain balance. It’s designed for Ethereum restaking, previously an unserved blockchain market area. It uses smart contracts and operational nodes for effective restaking strategy implementation, serving as an on-ramp and off-ramp.
The withdrawal process, influenced by restaking strategies and EigenLayer’s requirements, takes at least 7 days and varies per AVS. Renzo guarantees users total rewards from EigenLayer. User-paid fees are used for the protocol treasury and Renzo node operator payments.
In other words, Renzo is not only a means of ingress into the world of Ethereum restaking, but it also provides an exit strategy. This dual functionality makes it an essential tool for anyone looking to explore the potential of Ethereum restaking.
Renzo ezPoints
From the official Beta launch of Renzo on December 18, 2023, users who hold ezETH in their wallets earn 1 Renzo ezPoint per hour per ezETH held. Renzo runs ezPoints promotions, such as an additional gift of 200 ezPoints for every 1 ETH deposited within a specific timeframe.
However, exploiting the system by repeatedly selling and buying ezETH to earn multiple rewards is prohibited, and any user detected doing this will be excluded from the ezPoints program. Liquidity providers earn double the ezPoints. If you provide liquidity to pools on DEX, you’ll receive 2x ezPoints. You can also earn extra ezPoints by referring new users to join and deposit ETH into Renzo. You’ll earn 10% of the ezPoints that your referred users earn.
The system has a points accumulation feature allows you to earn more Renzo Points. The more active users you refer, the more ETH you deposit into Renzo. The Renzo ezPoints system rewards users based on their activity and participation in the Renzo system, from holding ezETH to providing liquidity and referring new users.
I'm very bullish on Price here long-term since this is one of the most hyped restaking Protocols out there!
Renzo Protocol’s future, particularly its Liquid Restaking project, looks promising due to the investment from Binance Labs. This venture capital arm of Binance is renowned for supporting innovative blockchain and cryptocurrency projects. This investment provides Renzo Protocol with not just financial backing but also access to expertise and resources within the Binance ecosystem.
Renzo Protocol’s Liquid Restaking introduces a unique approach to staking in decentralized finance (DeFi). It allows users to stake their assets while preserving liquidity, addressing a significant challenge in traditional staking mechanisms. This innovative feature could attract users who want to earn staking rewards while maintaining the freedom to access their assets when necessary.
In summary, with Binance Labs’ support and the unique offering of its Liquid Restaking project, Renzo Protocol is well-positioned for growth and success in the DeFi sector’s future.
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
👉Token Name: Renzo (REZ)
👉Max Token Supply: 10,000,000,000 REZ
👉Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)
👉Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)
👉Smart Contract Details: Ethereum
👉Staking Terms: KYC required
👉Hourly Hard Cap per User:
🔥147,569.44 REZ in BNB pool
🔥26,041.67 REZ in FDUSD pool
👉Supported Pools:
🔥Stake BNB:
https://launchpad.binance.com/en/launchpool/REZ_BNB
👉Now here comes the best Benefits for all the people that will stake their BNB to farm Renzo!
Binance has announced the launch of the Binance Megadrop. It is a token-launch platform that hosts airdrops and Web3 quests.

This new platform enables users to subscribe to BNB for locked products and complete tasks within their Web3 Wallet. Users will receive early access to rewards from selected Web3 projects before the exchange lists their tokens.
And as I said the best for all users is that you can buy and stake BNB on both Binance Launchpool and Binance Megadrop Platforms and earn a juicy Rewards which is super good in my opinion and nobody else out there is offering this!
🔥 Stake FDUSD:
https://launchpad.binance.com/en/launchpool/REZ_FDUSD
#BinanceLaunchpool #RENZOLAUNCHPOOL