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ETH $1,871.39 -0.83%
BNB $604.07 -0.82%
XRP $1.00 -0.48%
SOL $75.38 -0.89%
TRX $0.3331 -0.27%
DOGE $0.0691 -1.43%
ADA $0.1792 -2.18%
BCH $202.98 -5.05%
LINK $8.82 +0.60%
HYPE $56.12 -2.58%
AAVE $85.57 -3.57%
SUI $0.6758 -1.96%
XLM $0.1591 -0.74%
ZEC $483.44 -1.33%

The re-staking agreement Renzo has completed a $3.2 million seed round financing, led by Maven11

2024-01-16 08:18:53

ChainCatcher news, according to The Block, the liquidity re-staking protocol Renzo in the Eigenlayer ecosystem announced the completion of a $3 million seed round financing, led by Maven11, with participation from OKX Ventures, IOSG Ventures, Figment Capital, SevenX Ventures, and others.

According to RootData, Renzo is a re-staking protocol based on EigenLayer. Renzo abstracts the complex process of re-staking for end users, allowing stakers not to worry about the active selection and management of operators and reward strategies. ezETH is Renzo's liquidity re-staking token, which automatically accrues rewards and ensures liquidity. ezETH allows users to participate in DeFi while retaining re-staking rewards.

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