Renzo Protocol

EZ
Launch date:

Renzo Protocol is a DeFi platform, focused on simplifying the restaking of Ethereum and Solana contracts through liquid restaking tokens (LRTs). It provides automated staking rewards as well as seamless integration into the existing major ecosystems including EigenLayer and Jito Network, allowing non-technical users to participate in staking without having to worry about technical knowledge and benefiting from new staking strategies.

Project Goals and Objectives

Resistance against restaking has been growing because it involves complex, technical requirements for participation. The goal is to encourage innovation on Ethereum and Solana by enabling users to use easy to use interfaces and decision making automated strategies, to improve the staking experience of all users.

Tokenomics

On April 30, 2024, Renzo Protocol’s native token REZ was launched to govern with the platform. The maximum supply of REZ is limited to 10 billion tokens, of which currently around 2 billion are in circulation as of January 2025. The REZ holders can vote on which key platform decisions, such as operator whitelisting and risk management strategies, in a way that creates a decentralized governance structure.

ICO Information

In two seasons, Renzo Protocol finished its ICO and had end of April 2024, and another round in December 2024. The distribution of the token was fair and distributed based on users’ balances in ezPoints, using linear allocation. To assure fairness (i.e, no inequality) during fundraising phases, anti-sybil attack measures were implemented for all participants to get equal treatment.

Technology Features

Majoring on automated restaking strategies, including auto-compounded rewards and smooth multi-blockchain integration, Renzo Protocol utilizes advanced smart contracts and operator nodes. By providing built in transparency and innovation inspires by engineering, the partner to secure the network is through regular audits, bug bounty programs, and teaming up with established node operators.

Team and Leadership

Lucas Kozinski, James Poole and Kratik Lodha all have experience in blockchain technology, DeFi and software development and came together to form Renzo Protocol. Their expertise has been vital in crafting the protocol that seeks to cut restaking Kosmos down to size and foster scalable alternatives to Ethereum and Solana infrastructure within the realm of decentralized finance.

Roadmap

The first update on the Renzo Protocol’s roadmap was the launch of the platform in December 2023, followed by integration with the Solana’s Jito Network and its products such as ezEIGEN in order to facilitate restaking. The future goals are to grow blockchain integrations, to improve platform features, and to build community engagement through governance and incentive programs to secure continued growth and advancement.

Token info:

Project platform:
Ethereum
Accepted currencies:
USDT
Excluded countries:
no
Fund raising start date:
April 23, 2024
Fund raising end date:
April 29, 2024
Soft CAP (in $USD):
100000
Hard CAP (in $USD):
400000
Price per coin (in $USD):
0.11
Company country:
UK
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