Renzo’s latest product, $ezEIGEN, is set to transform how users restake their $EIGEN. Let’s explore how this solution addresses common pain points and enhances the restaking experience.

Over the last year, restaking has emerged as one of the leading trends in crypto, gaining traction from investors, developers, and users across the globe. EigenLayer was a first-mover, garnering significant mindshare and TVL in the ecosystem. In the past month, we have seen an expansion with both emerging and established teams embracing restaking on various L1s with diverse concept choices.

Summary

Note: Updated April 24th, 19:30 EST

We’re excited to announce that Renzo—the restaking hub of EigenLayer—has been integrated into Chainlink Price Feeds on Ethereum mainnet, Arbitrium and Linea.  By integrating the industry-leading decentralized computing platform, Renzo’s ezETH now has access to high-quality, tamper-proof price feeds needed to deliver secure and expanded access to the most intelligent liquid restaking strategies. Ultimately, this provides Renzo users with industry-standard price data feeds needed for Renzo DeFi integrations.

With the introduction of Renzo ezPoints users now have access to three tiers of rewards:

Renzo beta mainnet is live on 18th December 2023. The app allows users to deposit native ETH and get access to EigenLayer Restaked Points regardless of LST caps.

It is 2023, and we’re all aware of staking. It is 2023, and we’re all learning about restaking.

EigenLayer is developing one of the most important primitives on Ethereum since the base chain. This allows any distributed system to inherit security from Ethereum’s trust network. While Restaking enables the creation of new distributed systems it also incentivizes higher participation in Ethereum staking.