{"id":36015,"date":"2024-08-14T20:40:20","date_gmt":"2024-08-14T20:40:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/renzo-teams-up-with-jito-to-launch-lrt-token-ezsol\/"},"modified":"2024-08-14T20:40:20","modified_gmt":"2024-08-14T20:40:20","slug":"renzo-teams-up-with-jito-to-launch-lrt-token-ezsol","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/renzo-teams-up-with-jito-to-launch-lrt-token-ezsol\/","title":{"rendered":"Renzo teams up with Jito to launch LRT token ezSOL"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/tinywow_Jito-anouncement-1200x628_61191140-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/tinywow_Jito-anouncement-1200x628_61191140-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/tinywow_Jito-anouncement-1200x628_61191140-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/tinywow_Jito-anouncement-1200x628_61191140-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Renzo Protocol revealed its ezSOL liquid restaking token will soon launch on Jito as Solana\u2019s first LRT.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The Renzo team is eyeing growth for the DeFi ecosystem on Solana.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Renzo Protocol has announced the launch of ezSOL, the first liquid restaking token (LRT) on Solana.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The collaboration between <a href=\"https:\/\/coinjournal.net\/news\/renzo-the-4b-liquid-restaking-protocol-raises-17m-to-expand-restaking-services\/\">Renzo<\/a> and Jito Network will allow JitoSOL holders to mint ezSOL and use the LRT to tap into more decentralised finance (DeFi) opportunities on Solana.<\/span><\/p>\n<p><span style=\"font-weight: 400\">ezSOL will combine Renzo\u2019s liquid restaking expertise with Jito\u2019s MEV-enhanced features to bring the best of decentralised finance and other earning mechanisms to users.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\ude80 Introducing <a href=\"https:\/\/twitter.com\/search?q=%24ezSOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ezSOL<\/a>: The first LRT on <a href=\"https:\/\/twitter.com\/jito_sol?ref_src=twsrc%5Etfw\">@jito_sol<\/a> <\/p>\n<p>Renzo Protocol is launching <a href=\"https:\/\/twitter.com\/search?q=%24ezSOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ezSOL<\/a>, Solana\u2019s first LRT on the Jito Network. This is set to transform restaking and DeFi on Solana by combining the power of Renzo\u2019s liquid restaking with Jito\u2019s MEV-enhanced validators.<\/p>\n<p>Dive in\u2026 <a href=\"https:\/\/t.co\/VUiKHndqZS\">pic.twitter.com\/VUiKHndqZS<\/a><\/p>\n<p>\u2014 Renzo (@RenzoProtocol) <a href=\"https:\/\/twitter.com\/RenzoProtocol\/status\/1823746177885450506?ref_src=twsrc%5Etfw\">August 14, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">\u00a0\u201cThe launch of $ezSOL marks a pivotal moment for Solana\u2019s DeFi ecosystem. $ezSOL not only bolsters liquidity but also unlocks new strategies for capital efficiency,\u201d Renzo posted on X.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With ezSOL, users can access DeFi protocols such as lending platforms, automated market makers and aggregators. This means one can tap into new opportunities while retaining the benefits available with restaking.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">ezETH proposal<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Meanwhile, Renzo\u2019s vote on the proposal to list ezETH on Aave V3 Lido Finance Instance. The proposal seeks to add support for borrow\/lend for Renzo and its ezETH as collateral on Aave V3.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Voting is live for Renzo\u2019s proposal to list <a href=\"https:\/\/twitter.com\/search?q=%24ezETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ezETH<\/a> to the <a href=\"https:\/\/twitter.com\/aave?ref_src=twsrc%5Etfw\">@aave<\/a>  V3 <a href=\"https:\/\/twitter.com\/LidoFinance?ref_src=twsrc%5Etfw\">@LidoFinance<\/a> Instance!<\/p>\n<p>By adding <a href=\"https:\/\/twitter.com\/search?q=%24ezETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ezETH<\/a> as collateral, Renzo can drive more demand, boost revenues for both Aave and Renzo, and strengthen the liquidity and stability of <a href=\"https:\/\/twitter.com\/search?q=%24ezETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ezETH<\/a>.<\/p>\n<p>This move will make <a href=\"https:\/\/twitter.com\/search?q=%24wstETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$wstETH<\/a>\u2026<\/p>\n<p>\u2014 Renzo (@RenzoProtocol) <a href=\"https:\/\/twitter.com\/RenzoProtocol\/status\/1823783491869233409?ref_src=twsrc%5Etfw\">August 14, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">If the community adopts the proposal, ezETH will go live on the blockchain platform and likely boost the overall revenue across Aave and Renzo. The development also means that wstETH borrowing is now very attractive.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/renzo-teams-up-with-jito-to-launch-lrt-token-ezsol\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Renzo Protocol revealed its ezSOL liquid restaking token will soon launch on Jito as Solana\u2019s first LRT. The Renzo team is eyeing growth for the DeFi ecosystem on Solana. Renzo Protocol has announced the launch of ezSOL, the first liquid restaking [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":36016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36015"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=36015"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/36016"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=36015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=36015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=36015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}