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Renzo is a native staking protocol built upon EigenLayer with its own liquid staking token - ezETH. It offers users an increased yield by receiving rewards from Ethereum staking and EigenLayer restaking, as well as ezETH, Renzo LST. It is powered by the native Renzo token ($REZ), which is mainly used for participating in the governance votings on the platform.
On February 22nd, 2024, the company closed a Strategic funding round from Binance Labs. However, the amount of funds raised and tokens sold to Binance Labs remains undisclosed.
12 months cliff, then ~8.3% unlocked every month.