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ETH $1,870.01 -1.13%
BNB $604.32 -0.84%
XRP $1.00 -0.71%
SOL $75.20 -1.41%
TRX $0.3326 -0.51%
DOGE $0.0696 -0.54%
ADA $0.1782 -3.25%
BCH $200.71 -5.85%
LINK $8.80 -0.04%
HYPE $55.61 -4.57%
AAVE $85.37 -3.29%
SUI $0.6738 -2.56%
XLM $0.1593 -0.85%
ZEC $483.31 -1.98%

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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