Directly withdrawing ezETH tokens is just not enabled. Instead, users can offer their ezETH to balancers who would change the ezETH token to ETH. That may be why the token has zero circulating offer and a total offer of 282,469 ezETH.

Renzo Protocol cuts a fresh path from the DeFi landscape, acting being a bridge towards the EigenLayer ecosystem for a more available and secure Ethereum restaking expertise. In this article’s the inside scoop:

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EigenLayer Details might be dispersed to ezETH holders a hundred%. There won't be any expenses and they'll not be not made use of as collateral inside of Renzo.

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Partner Token allocation: renzo token Rewards been given from associate initiatives will be dispersed to ezREZ stakers

The journey of Renzo Restaked ETH began While using the launch from the Renzo Protocol. This celebration marked the introduction of a different approach to staking, the place the complexity typically associated with staking is abstracted absent, enabling for seamless collaboration in between consumers and EigenLayer node operators.

Furthermore, Renzo gives an increased produce than traditional ETH staking, which makes it a beautiful selection for People hunting To maximise their returns on expenditure.

Total provide: the entire degree of tokens around the community, like people who haven't but been launched.

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Renzo Protocol is often a layer above EigenLayer that users can communicate with to summary absent the complexities with the protocol.

As these integrations establish large security and steadiness overtime, Renzo will progressively decentralize its operators conforming to prerequisites of EigenLayer and AVSs.

It offers the next generate than regular ETH staking and abstracts the complexities encompassing Ethereum staking.

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