RenzoProtocol Hits $1.279B TVL, Launches High-Yield DeFi Integrations

RenzoProtocol, an Ethereum restaking protocol based on EigenLayer, has notably expanded its offerings in the DeFi sector with several integrations and launches. It has integrated Chainlink Price Feeds on Ethereum mainnet, Arbitrum, and LineaBuild, enhancing secure access to reliable price feeds for its $ezETH. Additionally, RenzoProtocol launched an ezPoints boost for restaking across multiple chains from March 20th, 1am UTC until April 3rd, 1am UTC. SiloFinance introduced the PT-ezETH silo on its platform, allowing users to leverage their fixed-rate ezETH for a 55.43% APY in fixed yield, incentivized with $10k SILO. SiloFinance's offering includes a 247% yield on ETH with overcollateralized borrowing, emphasizing it's not a Ponzi scheme and has no shared pool risk. The sector's growth is further highlighted by the increasing utilization of derivative tokens, representing billions of dollars in assets. RenzoProtocol's collaboration with zkLinkNova introduces new rewards for ezETH holders, including ezPoints, EigenLayer points, and Nova points. The protocol's TVL has exceeded $1.279 billion, becoming the second-largest restaking protocol with a 215% monthly increase and a seven-day increase of over 33%. ezETH is also now live on Pac, the first Liquid Restaking Token on Blast_L2, offering boosted Renzo and Pac points.