Renzo Protocol Launches bzSOL Restaking for Binance Staked SOL
Renzo Protocol Launches bzSOL Restaking for Binance Staked SOL
🔄 bnSOL Just Got Spicier
Renzo Protocol is launching bzSOL, a new restaking solution for Binance Staked SOL (bnSOL), with deposits opening January 14th at 8 AM EST for 24 hours.
Key features:
- Users can deposit SOL or bnSOL to mint bzSOL
- Generates additional rewards from Jito Tip Router service
- Rewards auto-compound into bnSOL
- Maintains liquidity while earning extra yield
- Compatible with DeFi protocols for additional earnings
The system builds on Renzo's 1.5 years of experience with Ethereum restaking, now expanding to Solana in partnership with Jito and Binance.
Visit app.renzoprotocol.com/bzsol to participate
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.*
Kamino Finance Launches One-Click ezSOL Looping Feature
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 [Try Kamino's Multiply feature](https://app.kamino.finance/multiply)
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)