Renzo Restaked ETH

The mechanics of ezETH revolve around maximizing staking rewards without sacrificing token liquidity, a key advantage of Liquid Staking Derivatives (LSDs).

ezETH represents restaked Ethereum and enables holders to:

• Stake to secure multiple ecosystems: Users can delegate or restake their holdings in various staking-related protocols, making their stake have effects across more ecosystems.
• Retain liquidity: Unlike ETH locked in traditional staking, ezETH and other LSDs offer the flexibility to trade, hold, or reinvest your capital.

ezETH is a liquid restaking token, more broadly categorized as a liquid staking derivative token. It belongs to a class of tokens designed to represent staked assets in a transferrable form, enabling both staking rewards and continued utility for holders.

Renzo charges a 10% fee on rewards generated via restaking. These fees are split evenly between the protocol treasury and Renzo node operators.

Unstaking ezETH takes a minimum of 7 days. This is dictated by EigenLayer's unstaking requirements, but the exact time can vary depending on the AVS involved.