Renzo Protocol Releases February Risk Review Report

**Renzo Protocol** has integrated **Ink Network** bridging capabilities directly into its user interface, allowing users to seamlessly bridge ezETH tokens to the Ink blockchain. **Key Features:** - Direct bridging through [Renzo's platform](https://app.renzoprotocol.com/bridge?toChainId=57073) - Unified interface for multiple blockchain routes - Instant ezETH transfers to Ink Network The integration represents Renzo's continued expansion of cross-chain functionality for its liquid restaking token. **More DeFi integrations** are planned for the near future. *Start bridging ezETH to Ink Network through Renzo's streamlined interface.*

**Renzo Protocol** has initiated a major **$REZ buyback and burn program** targeting 10% of total token supply over 6 months. **Key Details:** - 9% of purchased tokens will be **burned**, 1% allocated to $ezREZ stakers - **75-100% of protocol revenue** will fund the program - Initial 1% purchase (2.3% of circulating supply) already executed - Automated market buys designed to minimize slippage **Why Now?** With 42.6% of $REZ in circulation, Renzo considers itself substantially decentralized. The protocol is generating real revenue with new products in pipeline, creating opportunity to return value to token holders. **Implementation:** Buybacks will be automated through [smart contract](https://etherscan.io/address/0x8d8Cf66582e5866c99fDb548E424b13d26B28599). Burns go directly to dead address. Monthly reports will track progress via Dune Dashboard. The proposal is live on [governance forum](https://gov.renzoprotocol.com/t/rez-buyback-burn-program/251) for community discussion before Snapshot voting.

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 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 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)