Renzo Protocol Expands to Base L2 with REZ/USDC Pool Launch
Renzo Protocol Expands to Base L2 with REZ/USDC Pool Launch
🌉 Base Gets REZzed Up
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 for liquidity provision
- Renzo Bridge Dapp for token bridging
Support available via Discord
Digital Asset Treasuries Partner with New Networks for Enhanced Yields
Digital Asset Treasuries (DATs) are evolving their strategy in the DeFi space. These entities, which traditionally raise capital to stake ETH for publicly traded companies, are now exploring partnerships with new network launches. Key developments: - Networks gain essential liquidity from DAT partnerships - DATs receive majority allocation in airdrops - Shareholders benefit from additional revenue through restaking This trend emerges as DATs seek higher yields ahead of upcoming ETH staking ETFs. Early implementations are being observed with $ezETH and $SBET, potentially setting a precedent for future collaborations.
Aave Governance V3 Voting Update
A new governance proposal (#355) is scheduled for voting on Aave's platform tomorrow. This follows the successful activation of Aave Governance V3 through proposal #345 in October 2023. - Voting opens: Tomorrow - Platform: [Aave Governance](https://app.aave.com/governance/v3/proposal/?proposalId=355) - Previous milestone: Initial V3 governance activation (Proposal #345) **Key Context**: This represents continued development of Aave's governance system following the V3 upgrade implementation. Visit the Aave governance portal to participate in the upcoming vote.
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.