🧵 Protocol of the Day: @RenzoProtocol
Renzo is a liquid restaking protocol that simplifies access to EigenLayer, Symbiotic, and Jito. Users deposit ETH or LSTs to mint ezETH, pzETH, or ezSOL, tokens that auto-compound staking + restaking rewards.
✅ Pros:
• $1B+ TVL, top 1% of all protocols
• Multi-chain support: Ethereum, Solana, ZK rollups
• Audited by experienced auditors like Halborn, Sigma Prime, and code4rena
⚠️ Risks:
• Still relies heavily on team governance
• Exposure to slashing and AVS underperformance