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BTC $62,987.77 -0.09%
ETH $1,878.25 -0.10%
BNB $604.61 -1.10%
XRP $1.00 -0.43%
SOL $75.31 -0.03%
TRX $0.3309 -0.45%
DOGE $0.0696 -0.64%
ADA $0.1765 -1.65%
BCH $203.31 -1.19%
LINK $9.33 -0.51%
HYPE $57.06 +1.54%
AAVE $85.80 -1.33%
SUI $0.6746 -1.42%
XLM $0.1566 -1.21%
ZEC $486.50 -1.03%

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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