On March 22, Renzo Protocol announced that its ecosystem has rapidly expanded to the Base chain, marking a new stage in its development. The official summarized the important progress of the first phase, including REZ's listing on Coinbase, REZ's support for bridging to the Base chain, and the launch of the Base chain's native re-staking function. Officials said that more ecological functions and integrations are coming soon, and Renzo's layout on Base has just begun.
Renzo is EigenLayer's Liquid heavy-staking token (LRT) and strategy manager. It is an interface to the EigenLayer ecosystem that ensures active verification services (AVS) and provides higher returns than ETH staking. The protocol abstracts all complexity from end users and allows easy collaboration between users and EigenLayer node operators. REZ is the governance token of the Renzo protocol, supported by the Liquid heavy-staking token ezETH.