What Is Renzo (REZ)?
What Renzo Is
Renzo is a liquid restaking platform that lets people earn staking rewards while keeping their funds usable. Instead of locking assets for staking, users receive tradable tokens that represent their staked positions. This approach combines yield generation with liquidity, which matters because it lets investors participate in staking without sacrificing access to capital or needing to run complex validator infrastructure.
Quick Summary
- Liquid restaking: Stake assets and get tradable restaking tokens so your capital remains accessible.
- Automated strategies: The platform automates staking choices and can auto-compound rewards to simplify user experience.
- Governance token: The REZ token powers governance and platform utilities, letting holders influence risk rules and integrations.
How Liquid Restaking Works on Renzo
The process is designed to be simple and straightforward:
- Deposit: You deposit ETH, LSTs, or other supported assets into the protocol.
- Mint LRTs: The protocol issues LRTs (for example, network-specific tokens) that represent your staked position.
- Restake: The protocol reuses those assets to secure networks or services that pay rewards.
- Use LRTs: You can trade, lend, or use these tokens in DeFi while still earning staking yields.
- Withdraw: When you want to exit, you redeem LRTs for the original assets subject to network withdrawal rules.
Key Features
Tradable Liquid Restaking Tokens (LRTs)
LRTs function like a liquid claim on staked funds. Because they can be moved or deployed in other protocols, they offer greater flexibility compared with conventional staking, where assets are usually locked for fixed periods.
Automated Yield Compounding:
The protocol can reinvest rewards on behalf of users so balances grow over time without manual intervention. This auto-compounding reduces maintenance for holders and can increase effective yields.
Professionally Managed Strategies
Instead of asking users to pick validators or orchestration techniques, the platform applies automated strategies and risk controls. That includes selecting operators, balancing allocations, and applying safety measures to limit exposure.
Multi-Chain Support
Renzo supports restaking across several networks, enabling users to access opportunities on different chains without coordinating separate staking setups. This multi-chain approach broadens choice and convenience.
The REZ Token: Governance and Utility
The REZ token serves as both a governance and utility token. Holders can vote on protocol parameters, such as risk policies, staking caps, and which operators or integrations to approve. In short, REZ helps align community input with platform decisions.
REZ Token Allocation
- Fundraising (31.56%): Allocated to early supporters, typically subject to cliffs and vesting schedules.
- Community (32%): Dedicated to ecosystem growth, including user distributions and incentive programs.
- Core contributors (20%): Reserved for the team and advisors, usually with staged vesting.
- Foundation (12.44%): Used to fund development, audits, and risk assessments tied to the protocol’s core tokens.
- Exchange launch program (2.5%): Set aside for platform launch initiatives run with exchange partners.
- Liquidity (1.5%): Allocated for liquidity programs, market-making, and trading support.
ezPoints: Rewarding Participation
The platform uses a points system (referred to here as ezPoints) to reward users who hold or use LRTs. Points can accumulate through holding, referrals, and participation in campaigns. These rewards are intended to encourage ongoing engagement and long-term use of the protocol’s services.
The Bottom Line
Renzo targets users who want staking rewards without locking up assets or running validators. By combining liquid tokens, automation, and multi-chain support, it lowers the technical barrier to staking while keeping capital flexible. That makes it a practical option for both newcomers and experienced crypto users who value convenience and composability in DeFi.