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What this yield is

  • Protocol: Renzo Protocol
  • Token: ezETH (Renzo Restaked Ether)
  • Underlying: ETH, stETH, WBETH
  • Yield sources: ETH staking + EigenLayer AVS rewards
  • Additional rewards: Renzo ezPoints + EigenLayer Points
  • Networks: Ethereum, Base, Arbitrum, Linea
ezETH is a liquid restaking token (LRT) that represents restaked ETH earning both native staking rewards and EigenLayer AVS rewards. It maintains liquidity for use across DeFi.

How ezETH works

  1. Deposit: Stake ETH (or LSTs on Ethereum) into Renzo
  2. Receive: Get ezETH representing your restaked position
  3. Earn: Accumulate ETH staking rewards + EigenLayer rewards
  4. Use: ezETH is liquid and usable in DeFi (lending, LPing, etc.)
  5. Exit: Swap ezETH on DEXs (native withdrawals not yet enabled)

Token mechanics

Required inputs

Example flow

Operational notes

ezETH has no pending actions. Rewards accrue automatically via exchange rate.
Native withdrawals are not enabled. Use DEX swaps to exit positions.
Holders earn Renzo ezPoints and EigenLayer Points automatically.

See also

Renzo Restaking

Full restaking details

Quickstart

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