Renzo

[Mwesigwa]

Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking.

The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.

Renzo is a liquid derivative platform built on EigenLayer. Users can stake ETH and earn EigenLayer points as well as Renzo points. They don't have their token yet but could launch one in the future.

Users who collect points may get an airdrop when their token goes live.

Step-by-Step Guide:
1. Visit the Renzo website.
2. Connect your ETH wallet.
3. You will need some ETH. You can get it on Binance.
4. Now stake some ETH.
5. You will get the ezETH (LRT) in return.
6. Now, you will start earning yield.
7. Because it's built on EigenLayer, you will also start earning EigenLayer points as well as Renzo ezPoints.
8. Also, get 10% of Renzo points from each referral.
9. They don't have their token yet but have hinted at rewarding early users based on their points.
10. You could also become eligible for the EigenLayer speculative airdrop for earning EigenLayer points.
11. Please note that there is no guarantee that they launch their token or will do an airdrop to early users. It's only speculation.

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