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Summary of Renzo Restaked ETH
- Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer.
- It secures Actively Validated Services (AVSs) and offers a higher yield than ETH staking.
- The protocol simplifies complexity for end-users and enables collaboration between users and EigenLayer node operators.
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About Renzo Restaked ETH: Unlocking the Power of Ethereum Staking
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer, serving as the gateway to the EigenLayer ecosystem, where it secures Actively Validated Services (AVSs) and provides a higher yield compared to ETH staking.
The protocol elegantly abstracts away the underlying complexity, thereby facilitating seamless collaboration between users and EigenLayer node operators.