{"id":10549,"date":"2024-04-24T12:55:39","date_gmt":"2024-04-24T12:55:39","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/renzo-airdrop-guide-and-review\/"},"modified":"2024-04-24T12:55:39","modified_gmt":"2024-04-24T12:55:39","slug":"renzo-airdrop-guide-and-review","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/renzo-airdrop-guide-and-review\/","title":{"rendered":"Renzo Airdrop Guide and Review"},"content":{"rendered":"
\n <\/p>\n

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.<\/p>\n

The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.<\/p>\n

\t\t\t\t<\/span><\/p>\n

Renzo is a liquid derivative platform built on EigenLayer. It is backed by Binance Labs and has recently raised $3.2 million from investors like Maven 11 Capital, OKX Ventures, and others.<\/span><\/p>\n

Users can stake ETH and earn EigenLayer points as well as Renzo points. Renzo confirmed the airdrop<\/a> in a recent announcement alongside the REZ token launch.<\/span><\/p>\n

\n Step-by-Step Guide:<\/strong><\/p>\n
    \n
  1. Visit the Renzo website.<\/li>\n
  2. Connect your MetaMask, Trust Wallet, or any of the wallets mentioned.<\/li>\n
  3. Select the token and chain that you wish to stake.<\/li>\n
  4. Renzo currently supports tokens from Ethereum, Arbitrum, Binance, Base, and a few other chains.<\/li>\n
  5. You will need some ETH, wBETH, stETH or wETH. You can get them on Binance.<\/li>\n
  6. Now stake your tokens.<\/li>\n
  7. You will get the ezETH (LRT) <\/span>in return.<\/li>\n
  8. Now, you will start earning yield.<\/li>\n
  9. Because it\u2019s built on EigenLayer, you will also start earning EigenLayer points as well as Renzo ezPoints.<\/li>\n
  10. Also, get 10% of Renzo points from each referral.<\/li>\n
  11. Even though the airdrop was initially speculation, Renzo confirmed the airdrop in a recent announcement<\/a>.<\/li>\n
  12. Renzo announced the launch of their REZ token on April 30, 2024.<\/li>\n
  13. The team is also airdropping 5% of the token supply to its participants.<\/li>\n
  14. The current airdrop ends on April 26, and season 2 of the airdrop will begin immediately after.<\/li>\n
  15. You still have time to participate and be eligible for season 1 of the airdrop.<\/li>\n
  16. Season 1 airdrop claim will go live on May 2, 2024.<\/li>\n
  17. Additionally, the largest wallets will be subject to a 50% linear vest over 6 months.<\/li>\n<\/ol><\/div>\n

    You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!<\/p>\n

    Don’t forget to follow us on Twitter<\/a>, Telegram<\/a>, & Facebook and subscribe
    \n our newsletter to receive new airdrops!<\/p><\/div>\n

    <\/p>\n

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    \n

    Overview<\/h2>\n
    <\/div>\n
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