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 Unveils pzETH Strategy: Triple Yield Streams from Single Asset**
Renzo introduces a **comprehensive breakdown** of their pzETH strategy, offering users three distinct yield streams from one asset. The strategy involves: - **Minting pzETH** through Mellow Protocol using ETH - **Borrowing against pzETH** at 90% LTV on Gearbox - **Leveraging sUSDe positions** for enhanced yields **Key benefits include:** - Up to **38% net APY** potential - **3X Mellow Protocol points** - **3X Renzo ezPoints** - **35X Ethena S3 points** The multi-step process creates a delta-neutral strategy while maintaining ETH exposure and maximizing point accumulation across multiple protocols. *Learn more about this yield optimization strategy and how to implement it effectively.*
Renzo Launches ezETH Lending on Aave Base with 14x Leverage Loop
**Renzo expands to Base network** through Aave integration, enabling users to supply ezETH as collateral. Key features: - Supply ezETH on Aave Base - Borrow wstETH against ezETH collateral - **Loop positions up to 14x leverage** This builds on Renzo's recent partnership with Lido Finance to expand ezETH markets across Base and Arbitrum networks. **ezETH** is Renzo's liquid restaking token that provides exposure to EigenLayer rewards while maintaining liquidity for DeFi strategies. The integration allows users to maximize their restaking yields through leveraged positions while accessing Base's growing ecosystem.
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)