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BNB $603.23 -1.11%
XRP $1.00 -0.37%
SOL $75.27 -1.08%
TRX $0.3323 -0.55%
DOGE $0.0693 -1.09%
ADA $0.1792 -2.78%
BCH $202.36 -5.26%
LINK $8.82 +0.34%
HYPE $56.07 -2.60%
AAVE $85.75 -2.13%
SUI $0.6762 -2.06%
XLM $0.1596 -0.35%
ZEC $482.16 -1.62%

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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