Kamino Finance Launches One-Click ezSOL Looping Feature
Kamino Finance Launches One-Click ezSOL Looping Feature
🔄 ezSOL Loop Just Got Easier
Kamino Finance has introduced a new feature allowing users to instantly loop their ezSOL as collateral to borrow SOL and increase exposure in a single click.
The process works through three main steps:
- Deposit ezSOL and borrow SOL
- Use borrowed SOL to mint more ezSOL
- Repeat until reaching desired health factor
Key features:
- Up to 10x leverage possible
- Estimated ~24% APY with current rates
- 90% LTV on ezSOL/SOL pair
- Enhanced security through ezSOL:jitoSOL exchange rate
- Additional REZ token rewards available
One-click loop for $ezSOL ♾️ 🔥 ICYMI: @KaminoFinance's Multiply lets users instantly loop their $ezSOL as collateral to borrow SOL and boost exposure. All in a single click! app.kamino.finance/multiply/H6rHX…
Renzo Partners with Tanssi for Decentralized Economy Development
Renzo, the restaking hub of Eigenlayer, has formed a strategic partnership with Tanssi protocol to advance development in the decentralized economy. This follows Tanssi's recent $6M funding round led by Moondance Labs in March 2024. The collaboration aims to enhance appchain deployment capabilities and expand access to liquid restaking strategies. This partnership represents a significant step in connecting institutional-grade node operations with streamlined blockchain infrastructure. - Focus on improving Actively Validated Services (AVS) - Enhanced risk management capabilities - Expanded opportunities for reward generation *This development builds on Tanssi's growing momentum in the blockchain infrastructure space.*
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.
Renzo Protocol Expands to Base L2 with REZ/USDC Pool Launch
Renzo Protocol has expanded to Base, one of the fastest-growing L2 networks powered by Coinbase. The integration features: - First REZ DeFi integration on Base through REZ/USDC pool on Aerodrome Finance - Bridge functionality powered by Hyperlane - Additional rewards for LP providers Users can access the new features through: - [Aerodrome Finance](https://aerodrome.finance/pools) for liquidity provision - [Renzo Bridge Dapp](https://app.renzoprotocol.com/bridge) for token bridging Support available via [Discord](https://discord.gg/renzoprotocol)