Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.

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

Renzo is airdropping 7% of the token supply to its participants. Users can now begin claiming their REZ. The claim window will be open for 30 days. Additionally, the second round of the airdrop has begun. 

Step-by-Step Guide:
  1. Visit the Renzo airdrop claim page.
  2. Connect your wallet to claim the REZ governance token.
  3. If you have met the requirements that must have been met before April 26, 2024, you will be able to claim your share of REZ tokens.
  4. You’ll have 30 days to claim your REZ airdrop
  5. Users who had staked and earned at least 360 points are eligible for the airdrop.
  6. Wallets with more than 500k ezPoints will unlock 50% at TGE, with the remainder now vesting linearly over 3 months.
  7. The team has also ramped up the airdrop allocation from 5% to 7% of the token supply.
  8. Season 2 of the airdrop has begun.
  9. 5% of the REZ supply is allocated for the second season of the airdrop.
  10. Additionally, season 1 participants will receive a 10% boost.
  11. The team has also announced that they have increased the token allocation for the community from 30% to 32%.
  12. Visit the Renzo website.
  13. Connect your MetaMask, Trust Wallet, or any of the wallets mentioned.
  14. Select the token and chain that you wish to stake.
  15. Renzo currently supports tokens from Ethereum, Arbitrum, Binance, Base, and a few other chains.
  16. You will need some ETH, wBETH, stETH or wETH. You can get them on Binance.
  17. Now stake your tokens.
  18. You will get the ezETH (LRT) in return.
  19. Now, you will start earning yield.
  20. Because it’s built on EigenLayer, you will also start earning EigenLayer points as well as Renzo ezPoints.
  21. Also, get 10% of Renzo points from each referral.
  22. For more details about the updated airdrop conditions, visit the official announcement.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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