Security check
Verify you are human by completing the action below.
Cloudflare needs to review the security of your connection before proceeding.
Renzo is an innovative liquid restaking protocol transforming the Ethereum ecosystem and expanding to other networks. As the 53rd Binance Launch Pool project, Renzo offers higher yields than traditional Ethereum staking through its groundbreaking approach. Supporting Layer 2 (L2) native restaking and multiple networks, Renzo is setting a new standard for liquid staking.
Renzo is a liquid restaking token (LRT) and strategy manager for Eigen Layer. Acting as an interface to the Eigen Layer ecosystem, Renzo provides secure, actively validated services (AVSs) and higher yields. Users can deposit Ethereum and receive "staked Ethereum," a liquid token that represents their locked Ethereum and accrues yield over time.
Compared to protocols like Ether Fi and Kelp DAO, Renzo stands out with its L2 native restaking capabilities. By enabling users to restake on networks like Arbitrum, Renzo minimizes gas fees and makes staking more affordable. Its multi-network support, including BSC and potential expansion to Solana, further differentiates it from competitors.
High gas fees on Ethereum's main net are a significant barrier to staking. Renzo solves this issue by supporting L2 native restaking, allowing users to stake on networks like Arbitrum for as little as $3 in gas fees. This approach makes staking accessible to more users, driving adoption and increasing liquidity.
Renzo has achieved remarkable success in a short time:
The Renzo token (RES) is trading at approximately $0.3418, with a circulating supply of one billion tokens. Analysts predict an all-time high of $0.38, with the token trading between $0.28 and $0.38. The long cliff for the foundation team and investors ensures minimal selling pressure, making RES an attractive option for long-term holders.
Renzo’s community of over 250,000 active members demonstrates its growing popularity. Investments from Binance Labs and OKX Ventures highlight the protocol’s strong financial foundation, further cementing its position as a leader in the liquid restaking space.
Renzo is part of Binance’s 53rd Launch Pool, where users can earn RES tokens by staking BNB or FD USD. Key details include:
Participating in the Launch Pool is a great way to earn RES tokens and support the Renzo ecosystem.
Renzo contributes to Ethereum's growth by promoting Eigen Layer adoption and facilitating permissionless innovation. Its support for BSC and other networks attracts a broader user base, increasing liquidity and driving adoption across the Ethereum ecosystem.
Renzo is revolutionizing the liquid restaking landscape with its innovative features, including L2 native restaking and multi-network support. Its intuitive interface, strong financial backing, and expanding community make it one of the most promising protocols in decentralized finance.
As Renzo continues to grow and innovate, it is well-positioned to shape the future of liquid staking on Ethereum and beyond. Whether you’re a seasoned staker or new to DeFi, Renzo offers a compelling opportunity to maximize your returns while supporting the evolution of blockchain technology.