{"id":16133,"date":"2024-08-15T17:48:00","date_gmt":"2024-08-15T14:48:00","guid":{"rendered":"https:\/\/forklog.com\/en\/renzo-to-launch-liquid-restaking-on-solana\/"},"modified":"2024-08-15T17:48:00","modified_gmt":"2024-08-15T14:48:00","slug":"renzo-to-launch-liquid-restaking-on-solana","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/renzo-to-launch-liquid-restaking-on-solana\/","title":{"rendered":"Renzo to Launch Liquid Restaking on Solana"},"content":{"rendered":"<p>The Renzo liquid restaking protocol has announced its entry into the Solana market with the LRT token ezSOL on the Jito platform.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">? Introducing <a href=\"https:\/\/twitter.com\/search?q=%24ezSOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ezSOL<\/a>: The first LRT on <a href=\"https:\/\/twitter.com\/jito_sol?ref_src=twsrc%5Etfw\">@jito_sol<\/a> <\/p>\n<p>Renzo Protocol is launching <a href=\"https:\/\/twitter.com\/search?q=%24ezSOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$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><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Jito Network is a set of decentralized protocols focusing on MEV and DeFi infrastructure. The platform supports the largest liquid staking token by capitalization on Solana \u2014 JitoSOL.<\/p>\n<p>JitoSOL will serve as the base asset for ezSOL. The collaboration is expected to allow users to increase rewards by combining income from locked assets and MEV.<\/p>\n<p>According to the statement, this will open up new capital utilization strategies, increase liquidity, and enable the use of &#8220;ezSOL in various DeFi protocols such as lending platforms, <span data-descr=\"Automated Market Maker \u2014 \u0430\u0432\u0442\u043e\u043c\u0430\u0442\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u043c\u0430\u0440\u043a\u0435\u0442\u043c\u0435\u0439\u043a\u0435\u0440\" class=\"old_tooltip\">AMM<\/span>, and aggregators, while maintaining the ability to restake.&#8221;<\/p>\n<p>The total value locked in Renzo through Ethereum platforms EigenLayer and Symbiotic amounts to $1.29 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdRKq1ixmx7uudgXBGY04mBePA4rVHP4WLmOjWHnt5RBP9FXRZ7orBM9qly7LN2JcbY6QIFhlabYGQpz7NQcs0NrYRXWNX7BxSTkhu4gOSNnpEW0qt1OAoXGwVPZloxIrGxShRMzeKOdVoFluCEjLWhAJwZ?key=mlOHDHNsl-R5hsQhINc9jw\" alt=\"Renzo to Launch Liquid Restaking on Solana\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.renzoprotocol.com\/\">Renzo<\/a>.<\/figcaption><\/figure>\n<p>For those interested in participating in liquid restaking on Solana, the project has opened a waiting list.<\/p>\n<p>Back in January, Renzo <a href=\"https:\/\/forklog.com\/en\/news\/renzo-raises-3-2-million-in-seed-funding-valued-at-25-million\">raised $3.2 million<\/a> in a seed funding round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Renzo liquid restaking protocol has announced its entry into the Solana market with the LRT token ezSOL on the Jito platform. ? Introducing $ezSOL: The first LRT on @jito_sol Renzo Protocol is launching $ezSOL, Solana\u2019s first LRT on the Jito Network. This is set to transform restaking and DeFi on Solana by combining the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1263,1159],"class_list":["post-16133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-restaking","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16133"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16132"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}