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The third name is $REZ coin
Since its launch in January, Renzo has become the most widely distributed and liquid staking protocol. In addition, Renzo is also the first liquid staking protocol that allows users to stake both ETH and LST tokens, with a total value locked (TVL) reaching more than 110 million USD within 2 weeks of launch.
What is Renzo Protocol?
Renzo is a flexible restaking (LRT) platform integrated with the EigenLayer ecosystem. Renzo's goal is to provide higher returns than traditional ETH staking. This is possible by securing Actively Validated Services (AVS) and simplifying the staking process for end users. Additionally, Renzo promotes broader use of the EigenLayer toolkit.
Acting as a flexible staking platform, Renzo interacts directly with EigenLayer. Besides, it also acts as a gateway to provide liquidity for staking, allowing users to convert staked assets into flexible forms. This feature helps users participate in decentralized finance (DeFi) systems while still earning profits from staking. $REZ