Renzo has warned users still holding $ezETH on the Blast network to bridge to Ethereum Mainnet as soon as possible, saying assets left on the chain when it shuts down will not be recoverable. The warning follows Blast's announcement that it is winding down its Layer 2 because operating costs exceed revenue.
The notice is separate from Renzo's recent Renzo Basis product expansions on Hyperliquid and Robinhood.
Renzo
Renzo is the restaking hub of Eigenlayer built to streamline and expand access to the most intelligent Liquid Restaking strategies. Powered by institutional-grade node operators, Renzo abstracts away the complexities of securing Actively Validated Services (AVS) while delivering a powerful interface for risk management and rewards tracking on Eigenlayer. With Renzo’s ezETH—the most integrated Liquid Restaking Token (LRT)—users can access broad exposure to the EigenLayer (and Ethereum) ecosystems with more opportunities to generate rewards. Learn more: https://www.renzoprotocol.com/