Renzo Protocol (EZ)IEO Renzo is a restaking protocol built on the EigenLayer framework. It simplifies the restaking process for end users and eliminates the need for stakers to manage operators and reward strategies actively. Seed Round: $3.2M Funding Round: NA IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
What is Renzo Protocol
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.
The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.
Renzo strongly advocates for EigenLayer and its goal of facilitating permissionless innovation on Ethereum, and programmatically acquiring trust for the ecosystem. Renzo is built to promote the widespread adoption of Eigenlayer.
DetailsIEO (Binance Launchpool): Apr 24, 2024 - Apr 29, 2024Token supply: 10,000,000,000 EZ Raised: 3,200,000 USD LegalBlockchain Platform: EthereumCountry limitations: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine Registration year: 2023 | Token infoTicker: EZType: Utility-token Token standard: ERC-20 Token distribution: Binance Launchpool - 2.50% Airdrop - 10.00% Investors & Advisors - 31.56% Team - 20.00% Foundation - 13.44% DAO Treasury - 20.00% Liquidity - 2.50% |