Renzo Announcements – Telegram
Renzo Announcements
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Renzo is proud to announce it's first delegated security through Cap Money 🔥

pzETH holders will now earn 2%+ on delegated security in $USDC.

Read more on the mechanics: https://x.com/RenzoProtocol/status/1965445912794464525
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Renzo Buyback & Burn - 10% Over 6 Months 🔥

A new proposal (RP6) just went live on the governance forum. This initiative seeks to repurchase and burn 10% of total $REZ supply, funded by protocol revenue.

Upon governance approval, 75% - 100% of all future protocol revenue for the next 6 months will be directed towards this program https://x.com/renzoprotocol/status/1976746387040878953?s=46
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Snapshot Vote is Live!

RP-6 (A) proposes using up to 100% of Renzo Protocol revenue to buy back 10% of total $REZ supply over the next 6 months. The team has already started testing buybacks with 105,013,081 $REZ (1.05%) bought back since since October 8th

Vote here - https://x.com/RenzoProtocol/status/1980380695152455933
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🗳️ Snapshot Voting is Live

RP-6(B): REZ Burn & Distribution Proposal

Following the successful passage of RP-6(A) authorizing the start of the Buyback Program, the next phase RP-6(B), is now open for voting.

This proposal presents two execution paths for the repurchased $REZ:

A. 🔥 Burn 90% of the repurchased REZ and distribute the remaining 10% to ezREZ stakers.
B. 💎 Retain 90% in the Community Treasury for future strategic use, and distribute 10% to ezREZ stakers.

Vote now - https://x.com/renzoprotocol/status/1982491063819682269?s=46
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Burns are Live - Renzo Riduzione! 🔥

The first buyback and burn event just got completed, buying back 127,117,412 $REZ from the open market using protocol revenue and then subsequently burning 90% or 114,405,671 REZ and rewarding ezREZ stakers the remaining 10%

This inaugural event permanently reduced $REZ Total Supply by 1.14%, with much more to go

Read more on the program here - https://x.com/RenzoProtocol/status/1986173337853436246
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Stability, security and consistency across markets are a key focus at Renzo. All major ezETH market deployments are secured by exchange-rate oracles.

This means that ezETH/ETH exchange rates are always based on the protocol rate and are never dependent on external market rates.

We have verified that major ezETH markets, including those across Aave, Morpho, Compound, Spark and Euler are secured by exchange rate oracles.
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Native Minting is Live on Ink 🔥


What does this mean?

You can now simply one-click deploy ezETH into Ink network same way you could on Mainnet.

Never been this ez!🤌 https://app.renzoprotocol.com/ezeth?fromChainId=57073&toToken=0x2416092f143378750bb29b79eD961ab195CcEea5
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Introducing Renzo Reserve 🔥


A high-grade institutional yield for quality onchain yield

Renzo Reserve’s first strategy is the Superstate Crypto Carry Fund ($600M AUM). It allocates to USCC as its core yield engine and can optionally borrow against USCC via Aave

What comes next?
https://x.com/RenzoProtocol/status/1998496763897106830?s=20
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