Renzo Protocol's REZ Token Launches on Coinbase with Perpetual Futures Coming Soon
Renzo Protocol's REZ Token Launches on Coinbase with Perpetual Futures Coming Soon
🚀 REZ Takes Flight
Renzo Protocol's native token REZ is now available for trading on Coinbase, accessing a user base of over 105 million. The launch is exclusively on ETH mainnet.
Key updates:
- REZ trading live on Coinbase main platform
- Perpetual futures trading coming to Coinbase International Exchange
- Additional perpetual futures planned for Coinbase Advanced
Users should exercise caution with links and verify official announcements through @CoinbaseAssets.
Hyperlane Announces 5.5M HYPER Token Airdrop for Renzo Bridge Users
Hyperlane is launching a retroactive airdrop for users of their Renzo bridge, with eligible participants sharing ~5.5M HYPER tokens. The distribution is based on activity before February 28th. Key points: - Claims open until April 15th, 7pm UTC - Future rewards will be claimable quarterly - Eligibility based on usage of Hyperlane-powered products Check eligibility and register at [Hyperlane Foundation](https://hyperlane.foundation) Learn more about the expansion rewards: [Introducing HYPER](https://medium.com/@hyperlane_fdn/introducing-hyper-f3846883f1f5)
ezETH Goes Live on Turtle Club's The Summoning Campaign
Renzo's ezETH token has launched on Turtle Club's The Summoning campaign, offering enhanced staking benefits: - Auto-compounding staking & restaking rewards - 25% Turtle Boosts - 1.75X TAC Boosts Turtle Club, the first unified distribution protocol in Web3, aims to democratize liquidity access and ensure fair value distribution across the ecosystem. **How to Participate:** 1. Connect wallet at [Turtle Club](https://app.turtle.club) 2. Deposit ezETH 3. Start earning boosted rewards *Note: Reward opportunities are limited*
Eigenlayer Implements Slashing Mechanism for Enhanced Protocol Security
Eigenlayer has activated its slashing upgrade (ELIP-002), introducing a penalty mechanism for Actively Validated Services (AVS). The system rewards operators for proper service while penalizing misconduct. Key benefits include: - Enhanced service reliability with slashing-backed guarantees - Operator control over risk profiles - Transparent risk/reward data for stakers - Improved validator services **Important for Renzo users**: No immediate action required. While slashing is enabled at protocol level, no Renzo Operators have opted in yet. Security audits by Halborn and Nethermind ensure continued safe operation. [Learn more about slashing](https://www.blog.eigenlayer.xyz/introducing-slashing/)
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.