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Renzo Protocol
Airdrop Phase 2
Active
27 Apr - 26 Jul
Renzo protocol is an EigenLayer strategy manager and native staking platform with its own Renzo liquid staking token - ezETH. It enables users to earn combined rewards from native staking and restaking while retaining liquid funds in the form of ezETH tokens. It is powered by the native Renzo coin ($REZ), primarily used for participating in the platform’s governance votings.
On April 24th, 2024, the Renzo crypto project announced the public release and airdrop of $REZ, allocating 7% of the total supply for the first phase. Then, on April 27th, it disclosed details about the second phase of $REZ airdrop, where the project allocated an additional 5% of the token supply for the airdrop.
CoinLaunch Score:
Last update:
High
03 May 2024
Renzo Protocol - Airdrop Phase 2 Overview
start date:
27 Apr
end date:
26 Jul
Reward Distribution:
30 Jul
Reward:
N/A
Winners:
N/A
How to join Renzo Protocol - Airdrop Phase 2 ?
To participate in the second phase of the Renzo airdrop campaign users need to stake ETH or restake their ETH liquid staking tokens across Ethereum, Arbitrum, Blast, Linea, Mode, Base and BSC chain networks in order to start earning Renzo points, which then will be the main requirement to become eligible for the second phase of airdrop.
Our team decided to collect all publicly available information regarding the second phase of the Renzo airdrop and prepared some of the most efficient steps to participate in the event for you:
- New 4x ezPoints booster
In the second season of the Renzo airdrop, the platform announced new partnerships with several DeFi protocols such as Pendle, Balancer, Aura, Curve, Thruster, Hyperlock, Juice, Kim Exchange, and Nile. According to the project’s blog post, users who deposited or provided LP ezETH on those DeFis will be granted with a 4x ezPoints multiplier.
Some of those DeFi platforms may not have released their own token yet or support chain networks such as Blast, Linea or Mode network, which also haven't released tokens yet. This is a great opportunity not only to boost your positions on Renzo protocol but also to participate in other airdrops simultaneously.
- Old ezPoints multipliers
Despite the new DeFi partnerships, Renzo retained all ezPoints multipliers for providing LP and depositing ezETH on platforms from the previous, first season of the airdrop. Some of them include Uniswap, Morpho, Zerolend, Ionic, Pac and much more.
Check out Renzo’s DeFi page for more info about the Renzo supported protocols and ezPoints boosters.
- Renzo early adopter boost
For users who qualified for the first phase of airdrop and didn’t sell their ezETH after receiving $REZ airdrop, the protocol envisioned a 10% ezPoints boost.
- Top ezETH staking routes
Analyzing the Renzo crypto project and the rules of the second airdrop phase, our team decided to share with you some of the most popular ezETH staking routes, which might potentially qualify you not only for $REZ airdrop but also airdrops from other protocols simultaneously. These include:
- Renzo + Kim Exchange:
Bridge ETH from Ethereum to the Mode network, stake half of the bridged ETH on Renzo protocol in exchange for ezETH, and provide those tokens into the Kim ezETH/ETH LP to earn 4x ezPoints + Mode network points + Kim Exchange APR, potentially qualifying for the Kim Exchange airdrop.
- Renzo + Blast:
Bridge ETH from Ethereum to the Blast mainnet, stake half of the ETH on Renzo to get ezETH in exchange. Then, provide liquidity to Hyperlock or Thruster on Blast in any LP pair with ezETH to earn a 4x ezPoints multiplier + Hyperlock/Thruster points + Blast points + Hyperlock/Thruster APR.
- Renzo + Zircuit:
Stake ETH on Renzo in exchange for ezETH, then deposit tokens to Zircuit to earn a 2x ezPoints multiplier + Zircuit APR + Zircuit points.
For more ezETH staking routes, you can explore all available options yourself on Renzo's DeFi page and choose your own ezETH staking route.
Good luck!
Step-by-step Guide
Acquire some ETH across Ethereum, Arbitrum, Blast, Linea, Mode, Base and BSC networks;
Stake ETH on Renzo;
Explore Renzo’s DeFi ecosystem, where you can earn boosted ezPoints rewards;
Deposit, lend and provide into LP ezETH across those DeFi protocols in order to get ezPoints multipliers;
Earn ezETH points;
Receive $REZ tokens at the end of campaign.
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