Renzo

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)

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 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/)

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.*