Renzo #Restaking #ETH #StakingStrategy
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š Renzo Protocol ā Betting on Restaking!
The Renzo Protocol project has entered the restaking market strongly, and it's a simple yet genius idea.
Instead of just staking a coin like $ETH , you can now do restaking, meaning you can use the same coin in multiple protocols to earn additional yields.
Renzo gives you ezETH tokens as a representation of your stake, and you can use them in other protocols to maximize benefits.
Risks? Yes, they exist, especially with smart contracts, but the yields are also tempting.
Instead of just staking a coin like $ETH , you can now do restaking, meaning you can use the same coin in multiple protocols to earn additional yields.
Renzo gives you ezETH tokens as a representation of your stake, and you can use them in other protocols to maximize benefits.
Risks? Yes, they exist, especially with smart contracts, but the yields are also tempting.
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