Renzo Airdrop

EigenLayer employs Renzo as a Strategy Manager and Liquid Restaking Token (LRT) specialist.

It is the interface to the EigenLayer ecosystem, which secures Actively Validated Services (AVSs) and provides a higher yield than ETH staking.

The protocol effectively abstracts all complexity from the end-user and facilitates seamless collaboration between them and EigenLayer node administrators.

Built on EigenLayer, Renzo is a liquid derivative platform. It has recently raised $3.2 million from investors such as Maven 11 Capital and OKX Ventures, and is backed by Binance Labs.

In Season 1, Renzo distributed 7% of the total supply to users who had staked and earned a minimum of 360 points.

This event has since concluded. Season 2 of the airdrop has commenced, and 5% of the REZ supply has been designated for the airdrop.

Step-by-Step Guide

1. Visit the Renzo website.
2. Connect your MetaMask, Trust Wallet, or any of the wallets mentioned.
3. Select the token and chain that you wish to stake.
4. Renzo currently supports tokens from Ethereum, Arbitrum, Binance, Base, and a few other chains.
5. You will need some ETH, wBETH, stETH or wETH. You can get them on Binance.
6. Now, stake your tokens.
7. In exchange, you will receive the ezETH (LRT).
8. You will now begin to receive a yield.
9. You will also begin earning EigenLayer points and Renzo ezPoints, as it is constructed on EigenLayer.
10. Additionally, receive 10% of Renzo points for each referral.
11. The Season 1 airdrop, which has since concluded, was open to users who had staked and earned a minimum of 360 points.
12. The second season of the airdrop has commenced, and 5% of the REZ supply has been designated for the airdrop.
13. Additionally, season 1 participants will receive a 10% boost.
14. For more details about the updated airdrop conditions, visit the official announcement.