Aave Expected to Increase ezETH Caps
Aave Expected to Increase ezETH Caps
🏦 ezETH Caps About to Pop
Aave is anticipated to raise supply caps for ezETH in the coming days, following recent market activity. For context, previous caps were quickly filled:
- First two caps reached 30,000 ezETH
- Third cap expansion hit 60,000 ezETH ($153.41M)
- All previous caps filled within minutes of launch
Key Benefits of ezETH on Aave:
- 93% LTV across two liquid e-modes
- Collateral options with Lido Finance and Sky Ecosystem
- Auto-compounded staking and restaking rewards
- Integration with Renzo Season 3 rewards
Users interested in participating should prepare their positions for the upcoming cap increase.
The first and second caps for Renzo’s ezETH @aave @LidoFinance Market were filled within minutes, translating into 30,000.00 ezETH supplied! What are the benefits of supplying ezETH on the AAVE Lido Market? - Use 2 liquid e-modes with 93% LTV - Provide ezETH as collateral with
Yield Layer by @CIAN_protocol offers ezETH users exposure to @aave lending strategies with the balance of LP fees from @Uniswap Deposits are capped and will increase with AAVE 👇
We're delighted to announce the launch of the ezETH Yield Layer, empowering @RenzoProtocol ezETH holders with optimized yield strategies! Place your ezETH to CIAN ezETH yield layer and start to earn 12.8x $REZ from TODAY! 🔗yieldlayer.cian.app/vaults/0x3D086…
The @aave market for ezETH will launch Sunday Morning est with 15k supply caps. @CIAN_protocol has launched a new liquid strategy that will deploy into AAVE yieldlayer.cian.app/vaults/0x3D086…
Quorum has been met with 100% voting Yea ezETH will be launching on @aave on Oct 27, 2024 8:17 AM EST Restake with Renzo app.renzoprotocol.com/ezeth
Hyperlane Announces 5.5M HYPER Token Airdrop for Renzo Bridge Users
Hyperlane is launching a retroactive airdrop for users of their Renzo bridge, with eligible participants sharing ~5.5M HYPER tokens. The distribution is based on activity before February 28th. Key points: - Claims open until April 15th, 7pm UTC - Future rewards will be claimable quarterly - Eligibility based on usage of Hyperlane-powered products Check eligibility and register at [Hyperlane Foundation](https://hyperlane.foundation) Learn more about the expansion rewards: [Introducing HYPER](https://medium.com/@hyperlane_fdn/introducing-hyper-f3846883f1f5)
ezETH Goes Live on Turtle Club's The Summoning Campaign
Renzo's ezETH token has launched on Turtle Club's The Summoning campaign, offering enhanced staking benefits: - Auto-compounding staking & restaking rewards - 25% Turtle Boosts - 1.75X TAC Boosts Turtle Club, the first unified distribution protocol in Web3, aims to democratize liquidity access and ensure fair value distribution across the ecosystem. **How to Participate:** 1. Connect wallet at [Turtle Club](https://app.turtle.club) 2. Deposit ezETH 3. Start earning boosted rewards *Note: Reward opportunities are limited*
Eigenlayer Implements Slashing Mechanism for Enhanced Protocol Security
Eigenlayer has activated its slashing upgrade (ELIP-002), introducing a penalty mechanism for Actively Validated Services (AVS). The system rewards operators for proper service while penalizing misconduct. Key benefits include: - Enhanced service reliability with slashing-backed guarantees - Operator control over risk profiles - Transparent risk/reward data for stakers - Improved validator services **Important for Renzo users**: No immediate action required. While slashing is enabled at protocol level, no Renzo Operators have opted in yet. Security audits by Halborn and Nethermind ensure continued safe operation. [Learn more about slashing](https://www.blog.eigenlayer.xyz/introducing-slashing/)
Renzo Protocol Joins SparkLend, Enables ezETH Borrowing
SparkLend has expanded its borrowing options by onboarding Renzo Protocol, allowing users to borrow against ezETH tokens. This integration is part of a broader expansion that includes four new assets: - rsETH from KelpDAO - ezETH from Renzo Protocol - tBTC from The T Network - LBTC from Lombard Finance Users can now access these enhanced borrowing capabilities on [Spark's platform](https://app.spark.fi/borrow).
Renzo's ezETH Launches on Fluid with Enhanced Features
Renzo's ezETH has launched on Fluid, offering new DeFi capabilities: - Two new pools available: * ezETH / wstETH * ezETH-ETH / wstETH **Key Features:** - Up to 96% LTV for wstETH borrowing - Smart Collateral and Smart Debt functionality - 4x points earning on all ezETH deposits - Intuitive interface for swapping, lending, and borrowing Users can supply ezETH or ezETH-ETH as collateral, enabling dual-sided rewards through Smart Collateral and Smart Debt systems. [Visit Fluid's documentation](https://fluid.guides.instadapp.io/vault-protocol/vaults-on-fluid) for detailed information.