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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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