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BTC $79,471.53 -0.41%
ETH $2,504.83 +0.52%
BNB $746.94 -0.60%
XRP $1.41 -0.18%
SOL $105.17 -0.87%
TRX $0.3353 +0.08%
DOGE $0.0910 +1.94%
ADA $0.2234 +2.41%
BCH $261.23 +1.12%
LINK $13.23 +7.86%
HYPE $87.96 -0.72%
AAVE $133.80 -1.00%
SUI $0.8313 +4.65%
XLM $0.1937 +4.51%
ZEC $1,186.32 +0.11%

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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