Renzo

Digital Asset Treasuries (DATs) are evolving their strategy in the DeFi space. These entities, which traditionally raise capital to stake ETH for publicly traded companies, are now exploring partnerships with new network launches. Key developments: - Networks gain essential liquidity from DAT partnerships - DATs receive majority allocation in airdrops - Shareholders benefit from additional revenue through restaking This trend emerges as DATs seek higher yields ahead of upcoming ETH staking ETFs. Early implementations are being observed with $ezETH and $SBET, potentially setting a precedent for future collaborations.

A new governance proposal (#355) is scheduled for voting on Aave's platform tomorrow. This follows the successful activation of Aave Governance V3 through proposal #345 in October 2023. - Voting opens: Tomorrow - Platform: [Aave Governance](https://app.aave.com/governance/v3/proposal/?proposalId=355) - Previous milestone: Initial V3 governance activation (Proposal #345) **Key Context**: This represents continued development of Aave's governance system following the V3 upgrade implementation. Visit the Aave governance portal to participate in the upcoming vote.

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)

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](https://twitter.com/CoinbaseAssets).

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 Protocol is initiating steps to decentralize their auto-compounding mechanism for restaking rewards. Currently, the protocol: - Auto-compounds EigenLayer rewards weekly - Manages ezETH rewards in collaboration with Chaos Labs and Wintermute - Converts EIGEN token rewards to ETH for ezETH holders - Compounds EIGEN rewards directly for ezEIGEN holders The platform continues to handle reward claims automatically, with all returns reflected in real-time APR calculations. *Next update expected to reveal technical details of the decentralization process.*

Aave is anticipated to raise supply caps for ezETH in the coming days, following recent market activity. For context, previous caps were quickly filled: - First two caps reached 30,000 ezETH - Third cap expansion hit 60,000 ezETH ($153.41M) - All previous caps filled within minutes of launch **Key Benefits of ezETH on Aave**: - 93% LTV across two liquid e-modes - Collateral options with Lido Finance and Sky Ecosystem - Auto-compounded staking and restaking rewards - Integration with Renzo Season 3 rewards *Users interested in participating should prepare their positions for the upcoming cap increase.*