Renzo Protocol Proposes Transition from ezPoints to Strategic Incentive Program
Renzo Protocol Proposes Transition from ezPoints to Strategic Incentive Program
🔄 Points Program Gets Makeover
Renzo Protocol has initiated voting for RP-4, proposing to replace the ezPoints program with a new Strategic Incentive Program. The proposal comes as Season 4's snapshot was completed on March 31st.
Key updates:
- Season 4 point totals viewable on Renzo Portfolio
- REZ claims will be on Base network
- New integrations with Aave, Kamino Finance, Uniswap, and 0xfluid
The shift from points-based rewards is driven by:
- Diminishing returns at $1bn+ participation
- Renzo's strong market position with ezETH and ezSOL
- Need for more strategic growth incentives
Users will receive direct REZ rewards instead of waiting months for points calculations.
Voting is live for RP-4 🗳️ If passed, the ezPoints program will be sunset and replaced with the Strategic Incentive Program. Learn more about RP-4: x.com/RenzoProtocol/… Discuss: discord.com/invite/renzopr… Vote: snapshot.box/#/s:renzogover…
A new governance proposal (GP-4) has been submitted to pave the way for a new chapter of REZ incentives. gov.renzoprotocol.com/t/rp-4-new-str… Should this proposal pass, the Strategic Incentive Program will replace the ezPoints program with the goal of driving protocol adoption for key Renzo
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)