RenzoProtocol, an Ethereum restaking protocol based on EigenLayer, has notably expanded its offerings in the DeFi sector with several integrations and launches. It has integrated Chainlink Price Feeds on Ethereum mainnet, Arbitrum, and LineaBuild, enhancing secure access to reliable price feeds for its $ezETH. Additionally, RenzoProtocol launched an ezPoints boost for restaking across multiple chains from March 20th, 1am UTC until April 3rd, 1am UTC. SiloFinance introduced the PT-ezETH silo on its platform, allowing users to leverage their fixed-rate ezETH for a 55.43% APY in fixed yield, incentivized with $10k SILO. SiloFinance's offering includes a 247% yield on ETH with overcollateralized borrowing, emphasizing it's not a Ponzi scheme and has no shared pool risk. The sector's growth is further highlighted by the increasing utilization of derivative tokens, representing billions of dollars in assets. RenzoProtocol's collaboration with zkLinkNova introduces new rewards for ezETH holders, including ezPoints, EigenLayer points, and Nova points. The protocol's TVL has exceeded $1.279 billion, becoming the second-largest restaking protocol with a 215% monthly increase and a seven-day increase of over 33%. ezETH is also now live on Pac, the first Liquid Restaking Token on Blast_L2, offering boosted Renzo and Pac points.
What's going on at @RenzoProtocol https://t.co/bn4mVxpJv9
ezETH by @RenzoProtocol is now live on Pac! The first Liquid Restaking Token on @Blast_L2, ezETH is now available for supplying on Pac. Receive boosted Renzo and Pac points for ezETH now: https://t.co/GjseKTno8o More below 👇 https://t.co/H8c4PbPRc9
Defillama shows that the Ethereum re-staking protocol Renzo TVL exceeded $1.279 billion, becoming the second largest re-staking protocol. In the past month, Renzo’s TVL has increased by 215% monthly, and a seven-day increase of more than 33%. https://t.co/06kZKBcAwZ
🎟 @RenzoProtocol and @zkLinkNova have teamed up to introduce an integration for $ezETH and additional methods to accumulate points 🎟 Rewards are now available, and $ezETH holders on #Nova can now benefit from #ezPoints, @eigenlayer points, and Nova points 🔽 VISIT… https://t.co/lUEz21qkvw
collateralized loans in DeFi are great because they encourage wealth-building (which is the opposite of what the credit industry does) have an unexpected event or shortfall? need a little extra before your paycheck next week? just borrow against your ETH and pay it back in a…
There’s a quiet revolution happening in crypto lending and very few people know about it As the number of derivative tokens explodes in TVL, there billions of dollars of assets that don’t have a home to be used as collateral. Often, there’s nothing particularly risky with these…
247% yield on your ETH (loop 5 times) Overcollateralized borrowing Not a Ponzi scheme No shared pool risk This is @SiloFinance 👀 https://t.co/GFWSdLS84d
.@RenzoProtocol launched ezPoints boost for restaking in multiple chains. Renzo is an @ethereum restaking protocol and strategy manager based on @eigenlayer. Starting - March 20th, 1am UTC - Ending - April 3rd, 1am UTC https://t.co/SwhqVopR2I https://t.co/b2K3gwbenp
The PT-ezETH silo is live on Silo Legacy to allow users to leverage their fixed rate @RenzoProtocol $ezETH, a leading LRT. Powered by @pendle_fi point speculators, PT-ezETH currently earns 𝟓𝟓.𝟒𝟑% 𝐀𝐏𝐘 in FIXED YIELD. This market is also incentivized with $10k $SILO. 👇 https://t.co/yjU3tmhGTy
🧭 @RenzoProtocol restaking hub of @EigenLayer, has been integrated into @Chainlink Price Feeds on @Ethereum mainnet, @Arbitrium and @LineaBuild 🧭 #Renzo's $ezETH integrates a decentralized computing platform for secure access to reliable price feeds, enhancing liquid… https://t.co/U7ps5ggdQ4